Banking and financial activities in Nepal show that Bagmati Province holds the highest share of total deposits and loan disbursements among all provinces. As per the annual report on economic activity for FY 2081/82, published by Nepal Rastra Bank on Thursday, Bagmati Province contributed 65.8% of total deposits and 59.5% of total loans disbursed by banks and financial institutions up to the end of Ashad 2082.
During FY 2081/82, banks and financial institutions collected total deposits of Rs 72 kharba 95 arba 69 lakh 30 thousand, of which Rs 47 kharba 97 arba 59 crore 87 lakh came from Bagmati Province. Other provincial contributions to total deposits were: Koshi – Rs 5 kharba 53 arba 3 crore 79 lakh; Madhes – Rs 4 kharba 7 arba 73 crore 72 lakh; Gandaki – Rs 6 kharba 12 arba 29 crore 57 lakh; Karnali – Rs 91 arba 9 crore; Sudurpashchim – Rs 1 kharba 73 arba 83 crore.
Similarly, of the total loans of Rs 55 kharba 86 arba 29 crore 22 lakh disbursed by banks by Ashad 2082, Rs 33 kharba 23 arba 31 crore 61 lakh went to Bagmati Province. Loans disbursed to other provinces were: Koshi – Rs 6 kharba 13 arba 38 crore 96 lakh; Madhes – Rs 4 kharba 95 arba 86 crore; Gandaki – Rs 3 kharba 56 arba 92 crore 57 lakh; Lumbini – Rs 5 kharba 77 arba 27 crore 61 lakh; Karnali – Rs 62 arba 12 crore; Sudurpashchim – Rs 1 kharba 57 arba 40 crore 41 lakh.
Compared to Ashad 2081, loans to the agricultural sector slightly declined by 0.04%, totaling Rs 3 kharba 36 arba 73 crore. Within agriculture, the highest loans went to animal husbandry and slaughterhouse projects (Rs 61 arba 19 lakh), while the lowest was in tobacco farming (Rs 20 lakh 65 thousand). Provincial shares of agricultural loans were: Koshi – 16.7%, Madhes – 18.7%, Bagmati – 36.2%, Gandaki – 7.1%, Lumbini – 15%, Karnali – 1.5%, Sudurpashchim – 4.7%.
Industrial sector loans reached Rs 16 kharba 99 arba 49 crore, representing 30.42% of total loans. Distribution by industry shows non-food manufacturing received 35.27%, electricity, gas, and water industries 26.26%, agriculture, forestry, and beverage industries 21.85%, construction 11.7%, metal products, machinery, and electronics 4.23%, and mining industries only 0.69%. Bagmati Province received the largest industrial loans of Rs 12 kharba 80 arba 97 crore (71.3%), followed by Koshi – 9.5% and Lumbini – 8.3%. Other provinces’ shares were Madhes – 7.5%, Gandaki – 1.6%, Karnali – 0.02%, and Sudurpashchim – 1.6%.
Loans to the service sector totaled Rs 21 kharba 84 arba 4 crore, comprising 39.1% of total loans. Within this sector, wholesale and retail trade received the largest share at 47.3%, followed by real estate 12.2%, tourism 11.8%, finance, insurance, and immovable property 11.3%, education 6.6%, transport, storage, and communication 3.7%, other services 3.7%, and health and social services 3.3%. Bagmati Province accounted for 59.5% of service sector loans, followed by Lumbini – 10.3%, Koshi – 10.1%, Madhes – 9%, Gandaki – 6.9%, Karnali – 1.1%, and Sudurpashchim – 3%.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
