Banks and Financial Institutions Invest 1 Trillion 40 Billion in Far Western Province

Dhangadhi – The loan investments of banks and financial institutions within the Far Western Province have reached an impressive 1 trillion 40 billion.

By the end of December 2080, these institutions have collectively invested 1 trillion 40 billion 66 million 25 million in loans, marking a 6.37 percent increase from the previous year. Kailali leads with the highest loan investment at 47.71 percent, while Bajura records the lowest at 2.30 percent.

In total, 25 billion 220 million 94 million has been directed towards industrial loans, and the service sector has received loans amounting to one billion 37 million. The loan distribution across various sectors is as follows: - Service sector loans: 71.11% - Retail businesses: 43.53% - Consumer loans: 28.01% -

Other business loans: 9.06% - Tourism and transportation: 3.14% - Communication: 5.006% Additionally, Rashtra Bank Dhangadhi has diversified its investments as follows: - Finance/insurance and real estate: 1.93% - Education sector: 3.44% - Real estate: 2.77% -

Other service businesses: 1.48% - Health and other social activities: 1.57% District-wise Loan Investment in the Service Sector: - Doti: 1.84 billion - Achham: 2.11 billion - Kailali: 68.56 billion - Kanchanpur: 19.19 billion - Baitadi: 1.28 billion - Dadeldhura: 3.32 billion - Bajhang: 1.45 billion - Bajura: 76 crore

This substantial investment highlights the growth and economic potential of the Far Western Province, driven by the significant contributions of banks and financial institutions.