Sunday, July 20, 2025
  • Webmail
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • Announcement
  • More
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • Announcement
  • More
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo

Non-performing Loans surpass Nu 8bn, trade and commerce sector leads

December 24, 2024
in Economy, Other Stories
Reading Time: 1 min read
0
0
SHARES
59
VIEWS
Share on FacebookShare on Twitter

Non-performing loans or NPLs with the financial institutions surged to a staggering more than Nu 8bn by October this year. This is a jump of over Nu 1.16bn in just a year. Of the sectors, trade & commerce tops the list while the forestry and logging sector saw a sharp decline. Any loans that are overdue by 91 days or more are considered NPLs.

The data from the Royal Monetary Authority’s monthly statistical bulletin for this month highlights sector-wise NPL distribution, revealing persistent financial stress across multiple industries.

Non-performing loans soared significantly by October this year, marking a major increase from Nu 7.48bn in October last year.

The largest contributor to NPLs is the Trade and Commerce Sector.

The sector’s overdue loans grew from Nu 1.52bn in October last year to Nu 1.59bn in October this year.

NPLs in the housing sector, another major contributor, increased from Nu 1.39bn to Nu 1.48bn during the same period, reflecting strain in real estate and residential financing.

Borrowers of personal loans exhibited growing repayment difficulties, with NPL escalating from more than Nu 360 M to nearly Nu 469 M. When comparing the growth rates of Non-Performing Loans across all sectors, the percentage increase in NPLs for personal loans is the highest.

Meanwhile, the Forestry and Logging sector saw a sharp decline in NPLs, dropping from around Nu 130 M to just around Nu 7 M in one year.

Samten Dolkar

Edited by Phub Gyem

Previous Post

Shali village celebrates consecration of newly renovated two-storey Lhakhang

Next Post

Farmers benefit from rising cardamom prices in Khangma Chiwog, Pema Gatshel

Next Post
Farmers benefit from rising cardamom prices in Khangma Chiwog, Pema Gatshel

Farmers benefit from rising cardamom prices in Khangma Chiwog, Pema Gatshel

National Senior Citizen Policy nears finalisation, action plan proposes state pension for elderly citizens

National Senior Citizen Policy nears finalisation, action plan proposes state pension for elderly citizens

Feral dog attacks threaten sheep rearing in Sakteng Gewog

Feral dog attacks threaten sheep rearing in Sakteng Gewog

RECOMMENDED NEWS

GNSS allows vehicle movement between high-risk and low-risk areas without escort service

4 years ago
2
Enduring Friendship Mountain Bike Challenge resumes after three years

Enduring Friendship Mountain Bike Challenge resumes after three years

2 years ago
28

Officials attend Revised Kyoto Convention workshop

11 years ago
1
Drukair halts domestic flight operations for time being

Drukair halts domestic flight operations for time being

7 years ago
4

BROWSE BY CATEGORIES

  • Accidents (15)
  • Agriculture (462)
  • Announcement (182)
  • Audience Survey Report (1)
  • Business (770)
  • Crime/Legal (375)
  • Culture (50)
  • Development (59)
  • Disaster (57)
  • Economy (297)
  • Education (429)
  • Entertainment (17)
  • Environment (69)
  • Feature (65)
  • Featured (8)
  • Festival (82)
  • GMC (15)
  • Headlines (13)
  • Health (639)
  • HYDROPOWER (1)
  • Legal (54)
  • Literature (9)
  • Livestock (77)
  • Media (26)
  • Other Stories (5,781)
  • Politics (420)
  • RCSC (1)
  • Recent stories (4)
  • Religion (45)
  • Sci/Tech (721)
  • Social (574)
  • Sports (463)
  • Technology (196)
  • Tourism (23)
  • Uncategorized (13,870)
  • Video (142)
  • Video Story (258)
  • Wildlife (42)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • 40 companies risk closure over failure to submit financial reports

    0 shares
    Share 0 Tweet 0
  • Post-mortem confirms foul play: Progress in investigation of 24-year-old woman’s death

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • New research centre opens at Gelephu Central Regional Referral Hospital to boost patient care and policy
  • 17MW Sephu Solar Project begins operation, second phase set for September
  • Capital budget underutilisation stands at 15 per cent, not 40 per cent, clarifies finance ministry
  • Private sector optimistic about new economic reforms, seeks better loan access
  • New community market shed in Riserbu to ease marketing challenge for farmers

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • HYDROPOWER
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Webmail
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • Announcement
  • More
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.