Bagmati Province sees 9.01 per cent growth in bank loans: Total loans reach Rs 2.169 trillion

लगानी न्यूज

२७ आश्विन २०८३, मंगलवार १३:१२October 13, 2026

Kathmandu. The credit disbursed by banks and financial institutions to the service sector has increased by 9.01 percent in the province. The credit disbursed to the service sector has increased to Rs 2.169 trillion by the end of Ashad 2083.

In the same period of the last fiscal year, the credit disbursed to the service sector had increased by 10.5 TAG_OPEN_div_23 5 percent. The service sector accounted for 59.86 percent of the total credit disbursed by banks and financial institutions in the province.

Under the service sector, credit to the consumer sector increased by 18.37 percent. Similarly, credit to finance, insurance and real estate increased by 15.44 percent, tourism by 10.29 percent, health and other social work by 6.44 percent and education by 6 percent. Similarly, credit flow to wholesale and retail trade increased by 3.08 percent.TAG_OPEN_div_21

TAG_OPEN_div_19 However, credit flow to some sub-sectors of the service sector declined. Credit to real estate transactions declined by 1.15 per cent and transport, storage and communication by 5.15 per cent.

Although the credit flow to the service sector has increased, its growth rate seems to have decreased compared to the previous year. Since the service sector accounts for about 60 percent of the total debt, the change in the credit flow in this sector will have a significant impact on the overall economic activity of the province.

Kathmandu district has the highest share (76.02 percent) and Rasuwa the lowest (0.1 TAG_OPEN_div_15 0 percent) in the loan disbursement under the service sector.