Announcement
16 Mar 2022
The Nepal Rastra Bank has amended its foreign bank branch licensing policy.
Source
Number of interventions
2
1 certainly harmful
0 likely harmful
1 liberalising
Implementation date
16 Mar 2022
Revocation date:
No revocation date
On 16 March 2022, the Nepal Rastra Bank through the Foreign Bank Branch Licensing Policy 2022 restricted the activities that representative offices of foreign banks and institutions can engage in. ...
Implementation date
16 Mar 2022
Revocation date:
No revocation date
On 16 March 2022, the Nepal Rastra Bank reduced the minimum capital requirement for foreign banks to operate in Nepal from USD 80 million to USD 20 million. The amendment has been introduced via th...
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