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<p style="text-align: justify;">The report shows that credit to the agriculture sector increased by 8.5 percent, industrial production sector by 12.0 percent and construction sector by 17.9 percent. Similarly, the credit to wholesale and retail trade sector increased by 13.0 percent, service industries sector by 14.7 percent and transport, communication and public sector by 22.4 percent in the review period.</p>
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'content' => '<p style="text-align: justify;">April 11: According to Current Macroeconomic and Financial Situation of Nepal (Based on Eight Months’ Data of 2016/71) report of Nepal Rastra Bank, credit extended by banks and financial institutions (BFIs) of Nepal increased by 15.3 percent in the last eight months of the current FY.</p>
<p style="text-align: justify;">The credit extension was increased by 10.8 percent in the same period of the previous FY. In the review period, private sector credit from commercial banks and development banks increased by 17.6 percent and 6.5 percent respectively, while that of finance companies decreased by 3.6 percent, as per the report. On y-o-y basis, credit to the private sector from BFIs increased by 28.9 percent in mid-March 2017.</p>
<p style="text-align: justify;">The report shows that credit to the agriculture sector increased by 8.5 percent, industrial production sector by 12.0 percent and construction sector by 17.9 percent. Similarly, the credit to wholesale and retail trade sector increased by 13.0 percent, service industries sector by 14.7 percent and transport, communication and public sector by 22.4 percent in the review period.</p>
<p style="text-align: justify;">As per the report, of the total outstanding credit of BFIs, 60.2 percent is against the collateral of land and building and 14.5 percent against the collateral of current assets (such as agricultural and nonagricultural products) in the review period. Such ratios were 59.7 percent and 13 percent respectively in the same period of the previous year.</p>
<p style="text-align: justify;">Moreover, the report reveals that of the total lending of bank and financial institutions, the share of real estate (including personal home loan up to Rs 10 million) was 15.1 percent in mid-March 2017. Meanwhile, of the total lending of commercial banks, credit to small and medium enterprises was only 2.6 percent (Rs 42.69 billion) in mid-March 2017. Similarly, Trust Receipt (T.R.) loan extended by commercial banks increased 14.1 percent (Rs 10.23 billion) in the review period compared to an increase of 1.2 percent in the same period of the previous year.</p>
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
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<p style="text-align: justify;">The credit extension was increased by 10.8 percent in the same period of the previous FY. In the review period, private sector credit from commercial banks and development banks increased by 17.6 percent and 6.5 percent respectively, while that of finance companies decreased by 3.6 percent, as per the report. On y-o-y basis, credit to the private sector from BFIs increased by 28.9 percent in mid-March 2017.</p>
<p style="text-align: justify;">The report shows that credit to the agriculture sector increased by 8.5 percent, industrial production sector by 12.0 percent and construction sector by 17.9 percent. Similarly, the credit to wholesale and retail trade sector increased by 13.0 percent, service industries sector by 14.7 percent and transport, communication and public sector by 22.4 percent in the review period.</p>
<p style="text-align: justify;">As per the report, of the total outstanding credit of BFIs, 60.2 percent is against the collateral of land and building and 14.5 percent against the collateral of current assets (such as agricultural and nonagricultural products) in the review period. Such ratios were 59.7 percent and 13 percent respectively in the same period of the previous year.</p>
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<p style="text-align: justify;">The credit extension was increased by 10.8 percent in the same period of the previous FY. In the review period, private sector credit from commercial banks and development banks increased by 17.6 percent and 6.5 percent respectively, while that of finance companies decreased by 3.6 percent, as per the report. On y-o-y basis, credit to the private sector from BFIs increased by 28.9 percent in mid-March 2017.</p>
<p style="text-align: justify;">The report shows that credit to the agriculture sector increased by 8.5 percent, industrial production sector by 12.0 percent and construction sector by 17.9 percent. Similarly, the credit to wholesale and retail trade sector increased by 13.0 percent, service industries sector by 14.7 percent and transport, communication and public sector by 22.4 percent in the review period.</p>
<p style="text-align: justify;">As per the report, of the total outstanding credit of BFIs, 60.2 percent is against the collateral of land and building and 14.5 percent against the collateral of current assets (such as agricultural and nonagricultural products) in the review period. Such ratios were 59.7 percent and 13 percent respectively in the same period of the previous year.</p>
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View::_render() - CORE/Cake/View/View.php, line 933
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
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April 11: According to Current Macroeconomic and Financial Situation of Nepal (Based on Eight Months’ Data of 2016/71) report of Nepal Rastra Bank, credit extended by banks and financial institutions (BFIs) of Nepal increased by 15.3 percent in the last eight months of the current FY.
The credit extension was increased by 10.8 percent in the same period of the previous FY. In the review period, private sector credit from commercial banks and development banks increased by 17.6 percent and 6.5 percent respectively, while that of finance companies decreased by 3.6 percent, as per the report. On y-o-y basis, credit to the private sector from BFIs increased by 28.9 percent in mid-March 2017.
The report shows that credit to the agriculture sector increased by 8.5 percent, industrial production sector by 12.0 percent and construction sector by 17.9 percent. Similarly, the credit to wholesale and retail trade sector increased by 13.0 percent, service industries sector by 14.7 percent and transport, communication and public sector by 22.4 percent in the review period.
As per the report, of the total outstanding credit of BFIs, 60.2 percent is against the collateral of land and building and 14.5 percent against the collateral of current assets (such as agricultural and nonagricultural products) in the review period. Such ratios were 59.7 percent and 13 percent respectively in the same period of the previous year.
Moreover, the report reveals that of the total lending of bank and financial institutions, the share of real estate (including personal home loan up to Rs 10 million) was 15.1 percent in mid-March 2017. Meanwhile, of the total lending of commercial banks, credit to small and medium enterprises was only 2.6 percent (Rs 42.69 billion) in mid-March 2017. Similarly, Trust Receipt (T.R.) loan extended by commercial banks increased 14.1 percent (Rs 10.23 billion) in the review period compared to an increase of 1.2 percent in the same period of the previous year.
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
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'content' => '<p style="text-align: justify;">April 11: According to Current Macroeconomic and Financial Situation of Nepal (Based on Eight Months’ Data of 2016/71) report of Nepal Rastra Bank, credit extended by banks and financial institutions (BFIs) of Nepal increased by 15.3 percent in the last eight months of the current FY.</p>
<p style="text-align: justify;">The credit extension was increased by 10.8 percent in the same period of the previous FY. In the review period, private sector credit from commercial banks and development banks increased by 17.6 percent and 6.5 percent respectively, while that of finance companies decreased by 3.6 percent, as per the report. On y-o-y basis, credit to the private sector from BFIs increased by 28.9 percent in mid-March 2017.</p>
<p style="text-align: justify;">The report shows that credit to the agriculture sector increased by 8.5 percent, industrial production sector by 12.0 percent and construction sector by 17.9 percent. Similarly, the credit to wholesale and retail trade sector increased by 13.0 percent, service industries sector by 14.7 percent and transport, communication and public sector by 22.4 percent in the review period.</p>
<p style="text-align: justify;">As per the report, of the total outstanding credit of BFIs, 60.2 percent is against the collateral of land and building and 14.5 percent against the collateral of current assets (such as agricultural and nonagricultural products) in the review period. Such ratios were 59.7 percent and 13 percent respectively in the same period of the previous year.</p>
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<p style="text-align: justify;">The credit extension was increased by 10.8 percent in the same period of the previous FY. In the review period, private sector credit from commercial banks and development banks increased by 17.6 percent and 6.5 percent respectively, while that of finance companies decreased by 3.6 percent, as per the report. On y-o-y basis, credit to the private sector from BFIs increased by 28.9 percent in mid-March 2017.</p>
<p style="text-align: justify;">The report shows that credit to the agriculture sector increased by 8.5 percent, industrial production sector by 12.0 percent and construction sector by 17.9 percent. Similarly, the credit to wholesale and retail trade sector increased by 13.0 percent, service industries sector by 14.7 percent and transport, communication and public sector by 22.4 percent in the review period.</p>
<p style="text-align: justify;">As per the report, of the total outstanding credit of BFIs, 60.2 percent is against the collateral of land and building and 14.5 percent against the collateral of current assets (such as agricultural and nonagricultural products) in the review period. Such ratios were 59.7 percent and 13 percent respectively in the same period of the previous year.</p>
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'content' => '<p style="text-align: justify;">April 11: According to Current Macroeconomic and Financial Situation of Nepal (Based on Eight Months’ Data of 2016/71) report of Nepal Rastra Bank, credit extended by banks and financial institutions (BFIs) of Nepal increased by 15.3 percent in the last eight months of the current FY.</p>
<p style="text-align: justify;">The credit extension was increased by 10.8 percent in the same period of the previous FY. In the review period, private sector credit from commercial banks and development banks increased by 17.6 percent and 6.5 percent respectively, while that of finance companies decreased by 3.6 percent, as per the report. On y-o-y basis, credit to the private sector from BFIs increased by 28.9 percent in mid-March 2017.</p>
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<p style="text-align: justify;">As per the report, of the total outstanding credit of BFIs, 60.2 percent is against the collateral of land and building and 14.5 percent against the collateral of current assets (such as agricultural and nonagricultural products) in the review period. Such ratios were 59.7 percent and 13 percent respectively in the same period of the previous year.</p>
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<p style="text-align: justify;">The credit extension was increased by 10.8 percent in the same period of the previous FY. In the review period, private sector credit from commercial banks and development banks increased by 17.6 percent and 6.5 percent respectively, while that of finance companies decreased by 3.6 percent, as per the report. On y-o-y basis, credit to the private sector from BFIs increased by 28.9 percent in mid-March 2017.</p>
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<p style="text-align: justify;">As per the report, of the total outstanding credit of BFIs, 60.2 percent is against the collateral of land and building and 14.5 percent against the collateral of current assets (such as agricultural and nonagricultural products) in the review period. Such ratios were 59.7 percent and 13 percent respectively in the same period of the previous year.</p>
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include - APP/View/Elements/side_bar.ctp, line 133
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
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Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
