200 Billion Real Estate Loans In a Year

Real Estate loan. Real estate in Nepal.

Banking Khabar/ In the last fiscal year 2080/81, 250 billion rupees of real estate loans have gone from commercial banks. According to the data published by the Nepal Rastra Bank, 20 commercial banks that are currently operating have provided real estate loans worth 224 billion 655.8 million rupees in the year under review.

NIC Asia Bank is one of the largest providers of real estate loans. This bank alone has disbursed real estate loans of 28 billion 600 million rupees. This is 12.73 percent of the total real estate loans of commercial banks.

Similarly, Nepal Investment Mega Bank is in second place. 24 billion 637.9 million rupees real estate loans have gone from this bank. Which is 10.97 percent of the total loan. The third is Nabil Bank. It seems that 23 billion 557.1 million rupees of real estate loan has gone from Nabil. This is 10.49 percent of total loans.

Prime Bank is at the fourth position. 18 billion 571.6 million rupees of real estate loans are from the Prime Bank. Which is 8.27 percent of the total loan. The fifth is Global IME Bank. 15 billion 849 million rupees real estate loans have gone from this bank. Which is 7.05 percent of the total loan.

The share of 5 banks is about 50 percent of the total real estate loans from commercial banks, while the remaining 50 percent is seen from 15 banks. Machhapuchhre Bank is among the least disbursed real estate loans in the year under review. It seems that the real estate loan from this bank is only 1 billion 556.3 million rupees. Which is only 0.69 percent of total loans.