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Started 5 days ago · Updated 5 days ago

Nepal Banks Intensify Debt Recovery and Asset Liquidation Efforts

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Several commercial banks in Nepal, including Everest Bank Limited and Agricultural Development Bank Ltd., are intensifying efforts to recover outstanding loans and liquidate collateral properties through public auctions and warnings. These actions are part of broader campaigns to address non-performing assets and maintain financial discipline within the country's banking sector.

  • Everest Bank Limited has launched a sealed bid auction for a collection of seized real estate properties to recover capital from delinquent borrowers.
  • Agricultural Development Bank Limited has issued a 35-day public warning to loan defaulters in Lumbini Province, threatening blacklisting if debts are not settled.
  • Kumari Bank Limited has also issued a nationwide 35-day ultimatum to chronic loan defaulters, demanding full settlement of outstanding liabilities to avoid legal recovery actions.
  • Nepal Bank Limited is conducting a 21-day public tender for the sale of its non-banking assets, including land and commercial structures, to expedite credit recovery.
  • Muktinath Bikas Bank Limited is auctioning 156,283 founder shares, opening participation to individual citizens, domestic corporations, and investment institutions.

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Muktinath Bikas Bank Limited Agricultural Development Bank Ltd. Kumari Bank Limited Nepal SBI Bank Limited Lumbini Province Everest Bank Limited

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