
The NEPSE Journal
Market commentary, data deep-dives, and trading notes from the NEPSE Trading desk.

The analysis clearly shows that Standard Chartered Bank Nepal holds the best liquidity position among all commercial banks in Nepal, followed closely by state-owned banks like RBB, Nepal Bank, and ADBL. This strong liquidity profile provides them with higher resilience against deposit withdrawals and market shocks, ensuring financial stability. In contrast, some private banks maintain leaner liquidity buffers, balancing between profitability and prudence.

Nepal’s debt-to-GDP ratio has climbed to 43–44% in FY 2024/25, reflecting growing reliance on borrowing to finance fiscal gaps. While still manageable, rising debt raises concerns about fiscal sustainability, external vulnerability, and weak capital spending. Nepal’s future depends on channeling debt into high-return projects; otherwise, it risks falling into a debt-dependence cycle.