NRB approves loan portfolio review of 10 major banks
▸ Part of: Nepal Rastra Bank Approves Loan Portfolio Review, Prepares Directives for Banks
The Nepal Rastra Bank board has approved the loan portfolio review reports of 10 large commercial banks, conducted as part of an IMF agreement. The review, performed by Howladar Yunus & Co., identified concerns including loan evergreening, improper loan classification, and questionable valuation practices, leading to higher-than-reported non-performing loan (NPL) ratios. Banks will receive directives for corrective actions based on the findings.
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