Kathmandu. Non-banking assets of commercial banks have increased. According to the data released by Nepal Rastra Bank (NRB), the non-banking assets of commercial banks have increased by 18.81 percent in the first 11 months of the current fiscal year 2082/83.
Non-banking assets worth Rs 46.08 billion have accumulated in 19 commercial banks. However, Standard Chartered Bank does not have any non-banking assets.
In the same period of the last FY, the bank had non-banking assets worth Rs 38.79 billion. Non-banking assets (NPAs) were added by 18.81 percent in the review period compared to the previous year. Compared to the previous year, the non-banking assets of seven commercial banks decreased while 12 increased in the review period. Among the commercial banks, Prime Commercial Bank’s non-banking assets (NPAs) have increased the most.
Similarly, Global IME Bank, NIC Asia Bank, Nabil Bank, Kumari Bank, Machhapuchchhre Bank, Everest Bank and Rastriya Banijya Bank saw a decrease in non-banking assets. Himalayan Bank Limited (HBL) has the highest number of non-banking assets as of mid-June of the current fiscal year. The bank has accumulated non-banking assets worth Rs 6.23 billion. In the same period of the previous year, the bank had non-banking assets worth Rs 5.31 billion. Such assets have increased by 17.29 percent compared to the previous year.
Global IME Bank has the highest number of non-banking assets in the second position followed by Prime Commercial Bank. Global IME Bank has non-banking assets worth Rs 5.89 billion and Nepal Investment Manga has NPR 4.70 billion in the review period. Compared to the previous year, Global IME Bank’s assets fell by 0.77 percent while Nepal Investment Mega Bank increased by 47.19 percent.
Nepal Bank has the lowest number of non-banking assets. As of the review period, the bank has non-banking assets worth Rs 23.36 crore. Non-banking assets (NPAs) have increased by 14.47 percent compared to the previous year.
