Kathmandu. As of mid-April of the current fiscal year, deposits of banks and financial institutions increased by 8.5 percent or Rs 615.67 billion to Rs 7879.54 billion.

Deposits had increased by 5.7 percent or Rs 368.47 billion in the same period of the last fiscal year. According to Nepal Rastra Bank, deposits in banks and financial institutions have increased by 15.5 percent in mid-April 2022.

The share of current, savings and fixed deposits in the total deposits of banks and financial institutions stood at 7 percent, 45.3 percent and 38.9 percent respectively. Such shares were 5.7 percent, 35.8 percent and 51.0 percent respectively in the same period of the previous year. The share of institutional deposits in the total deposits of banks and financial institutions stood at 33.9 percent as of mid-April. The share of such deposits was 35.4 percent as of mid-April 2081.

According to the Nepal Rastra Bank, credit from banks and financial institutions (BFIs) to the private sector increased by 5.7 percent or Rs 311.95 billion to Rs 5.89 trillion as of mid-April. Such loans had increased by 7.1 percent (Rs 361.03 billion) in the same period of the previous year. On a year-on-year basis, loans from banks and financial institutions to the private sector increased by 6.9 percent in mid-April 2022.

As of mid-April, the share of credit disbursed to the private sector from banks and financial institutions was 63.3 percent and the share of credit to the individual and household sector was 36.7 percent.

Such shares were 63.4 percent and 36.6 percent respectively in the same period of the previous year. Roof. In the review period, the credit of the private sector increased by 5.8 percent by commercial banks, 5.1 percent by development banks and 2.6 percent by finance companies.

As of mid-April 2019, the bank and financial institutions (BFIs) accounted for 14.9 percent of the total loans in the current assets (agricultural and non-agricultural products) and 63.4 percent in the securities and mortgages of real estate.

The share of such collateral loans stood at 14.6 percent and 65.2 percent, respectively, as of mid-April 2001. In the first nine months of the fiscal year 2082/83, credit to consumer sector increased 11.7 percent, construction sector increased 10.7 percent, transport, communication and public service sector increased 10.1 percent, industrial production sector increased 6.5 percent, financial insurance and real estate sector increased 5.7 percent and service industry sector decreased 2.3 percent.

Trust receipt (import) loan increased 32 percent, margin loan 13.4 percent, hire purchase loan 8.5 percent, real estate loan (including individual residential home loan) 4.6 percent, demand and other working capital loan 4.3 percent, term loan 3.7 percent, cash credit loan 2.8 percent and overflow loan 0.3 percent.