Record Details

Challenges in Banking: A Nepalese Diaspora

Socio-Economic Development Panorama

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Field Value
 
Title Challenges in Banking: A Nepalese Diaspora
 
Creator Panta, Radhesh; Bank of Kathmandu
 
Subject Economics
World trade organization; Microfinance, Economic management, Prudent management, Competencies, Bank; Remittances
 
Description Nepal has become member of World Trade Organization (WTO) and has committed to open Financial Services Sector (FSS) especially banking services to the foreign banks and financial institutions by 2010.  This could be threat as well as opportunities for banking sector of Nepal.  The existing level of Non-Performing Assets (NPA) is not that much healthy sign for the smooth growth of banking sector.  One should seriously need to re-think proper strategy for managing NPA.  The predominance of rural economy urge bank and financial institutions of Nepal to peneterate in this sector with innovative products of microfinance as insurence, remittance, etc.so as to support poverty alleviation programme.  Expansion of Small and Medium Sized Enterprises (SMEs) in rural sector could lured to banking sector to invest on it too.  Managing inflow of remittances would yield fruitful outcome for Nepal.  Public private partnership concept will be equally desirable for poverty alleviation, growth and expansion of banking service especially in the rural economy. Socio-Economic Development Panorama Vol. 1. No. 2 (2007) pp. 9-22
 
Publisher HARD-NEPAL and Pro-Con
 
Contributor —
 
Date 2008-06-14
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
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Format application/pdf
 
Identifier http://www.nepjol.info/index.php/sedp/article/view/1043
 
Source Socio-Economic Development Panorama; Vol 1, No 2 (2007); 9-22
1999-3536
 
Language eng
 
Relation http://www.nepjol.info/index.php/sedp/article/view/1043/1059
 
Coverage Nepal
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