Covid 19 has taught us “how difficult the life can be for any Government/Central Banker or even local individuals to tackle a pandemic situation when every body is in need of help but very limited sources available to tackle the financial needs of Borrowers under distress both under corporate as well as Retail segment. Even banks are under distress to provide adequate support to all those needing particularly the large corporate borrowers where fund requirements is normally huge and asset so created provide employment to millions of people. These assets under the current situation are under high stress level particularly under Hospitality/Entertainment/Aviation sector.
Now we are realizing that Nepal should also have market for investors from across the globe who have appetite to take risk and provide opportunity to local sectors not only for survival but also for value creation for the industry and economy.
Central bank in Nepal has emphasized to explore new avenues for investment in local ventures so that important assets can be protected.
