Kathmandu. In the first six months of the current fiscal year, deposits of banks and financial institutions increased by 5.7 percent to Rs 7.681 trillion.

Such deposits had increased by 3.7 percent (Rs 239.06 billion) in the same period of the previous year. On a year-on-year basis, deposits in banks and financial institutions have increased by 14.8 percent as of mid-January 2008.

The share of current, savings and fixed deposits in the total deposits of banks and financial institutions stood at 6.9 percent, 41.3 percent and 42.8 percent, respectively. Such ratios were 5.6 percent, 34.1 percent and 52.6 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 35.1 percent as of mid-January 2008. As of mid-January 2081, the share of such deposits was 35.52 percent.

Likewise, credit from banks and financial institutions to the private sector increased by 3.6 percent (Rs 197.47 billion) to Rs 5.695 trillion in the review period. Such loans had increased by Rs 265.56 billion (5.2 percent) in the same period of the previous year. On a year-on-year basis, credit from banks and financial institutions to the private sector increased by 6.7 percent in mid-January 2008.

According to the NRB, the share of credit disbursed to the private sector from banks and financial institutions was 62.7 percent and the share of credit to the private sector was 37.3 percent. Such shares were 64.2 percent and 35.8 percent respectively in the same period of the previous year.

During the period, the credit flow to the private sector increased by 3.7 percent, by commercial banks, 2.9 percent by development banks and 1.2 percent by finance companies.

As of mid-January 2018, the bank and financial institutions (BFIs) accounted for 15.0 percent of the total loans in the current assets (agricultural and non-agricultural products) and 63.9 percent in the security of real estate. As of mid-January 2081, the share of such loans was 14.5 percent and 64.9 percent, respectively.

In the first six months of the fiscal year 2082/83, credit to consumer sector increased 9.1 percent, construction sector 7.2 percent, transport, communication and public sector 6.2 percent, industrial production sector 4.4 percent, financial insurance and real estate sector 1.1 percent and service industry sector 0.9 percent and agriculture sector decreased 1.1 percent ।

In the review period, the growth of margin loan increased 8.3 percent, trust receipt (import) loan 7.8 percent, hire purchase loan 7.3 percent, cash credit loan 3.0 percent, demand and other working capital loan 2.9 percent, real estate loan (including individual residential home loan) 2.5 percent and term loan 2.4 percent. Defaulting loans decreased by 3.3 percent sequentially.