KATHMANDU, June 12: Banks and financial institutions (BFIs) issued loans against shares as collateral worth Rs 35.42 billion in the first 10 months of the current fiscal year.
The records with Nepal Rastra Bank (NRB) show that the growth of loans in the segment stood at 39.2 percent. As of mid-May, the BFIs disbursed total margin loans of Rs 125.52 billion, up from Rs 90.93 billion by mid-July, 2024.
Desperate search for missing girls as nearly 80 dead in Texas f...
With an increment of 53.3 percent, the largest growth was seen in the margin loans of Rs 10 million and above. In the review period, loan disbursed in the segment has reached Rs 85.73 billion, up from Rs 55.93 billion.
Likewise, margin loans between Rs 5 million and Rs 10 million grew 21.1 percent to Rs 15.05 billion. The loans in the range between Rs 2.5 million and Rs 5 million, there was a growth of 15.3 percent to Rs 16.62 billion.
