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Non-banking assets worth Rs 43 billion in a month 

nabil bank

लगानी न्यूज

. Lately, the auction of properties seized by banks has started decreasing. Non-banking assets are increasing due to lack of timely mortgage auctions.

Lately, there has been a slowdown in the economy. As a result, the assets of the bank borrowers have increased as the industrialists are unable to repay the loans of the banks on time.

If the banks are unable to recover the loan, the collateral will be confiscated and sold to the auction. However, in recent times, due to low investment in real estate, weak investment morale of buyers, high interest rates of banks and liquidity problems, the property could not be sold through auction, the number of properties being registered in the name of banks has increased.

In the first month of the current fiscal year, the non-banking assets of commercial banks have reached Rs 43 billion.TAG_OPEN_div_36 Similarly, according to the auction notices issued by the banks in the last few days, the auction of the banks has not been sold. As a result, banks are issuing re-auction notices. A few days ago, NIC Asia Bank had issued a 3-page auction notice.

{{TAG_OPEN_div_34} The increase in non-banking assets has weakened the cash flow of banks to recover money from auctions. At the same time, credit expansion capacity is declining. Such an increase in the bank’s assets is likely to put pressure on dividend distribution and weaken the capital adequacy ratio.

Global IME Bank has the highest number of non-banking assets in the first month of the current fiscal year.TAG_OPEN_div_32 In the first quarter of the current fiscal year, the bank’s assets stood at Rs 6.05 billion. Himalayan Bank is the second largest non-banking bank. According to Nepal Rastra Bank, the net worth of the bank is worth Rs 5.75 billion.

NIC TAG_OPEN_div_30 Asia Bank has assets worth more than Rs 4.5 billion. Prime Bank has assets worth Rs 3.91 billion, Nepal Investment Mega Bank Rs 3.82 billion, Nabil Bank Rs 3.45 billion, Kumari Bank Rs 2.52 billion, Laxmi Sunrise Bank Rs 2.22 billion, NMB Bank Rs 1.79 billion, Prabhu Bank Rs 1.61 billion and Agricultural Development Bank Rs 1.31 billion.

Standard Chartered Bank does not have any non-banking assets as of this period.TAG_OPEN_div_28 Similarly, Rastriya Banijya Bank (RBB) is the commercial bank with the least non-banking assets during this period. The net worth of the bank is Rs 25 crore.

Similarly, Nepal Bank has assets worth Rs 260 million, Everest Bank Rs 560 million, Machhapuchchhre Bank Rs 600 million, Siddhartha Bank Rs 770 million, Nepal SBI Bank Rs 940 million, Sanima Bank Rs 1 billion and Citizens Bank Rs 1.26 billion.TAG_OPEN_div_26

Prabhu
sikhar insurance

प्रतिक्रिया दिनुहोस्

global ime

सम्बन्धित् समाचार

Gili