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Bad weekend for NIC Asia group

Moderators: बिमलमान, Dilbert.

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Member
Registered: Feb 2018
Posts: 8
There is higher change in growth of NPL for NIC asia. Sooner or later, it has to go with rest of the bank so called NBA...so why is he arguing with the fact
Member
Registered: Oct 2013
Posts: 7912
NPL increased a lot in second qtr, If CD ratio crosses and NRB punish NICA, and if those lead to long queue of depositor to withdraw then NICA will go bankrupt over night.

To prevent worst possible scenario, there is only one way, Sell loan to other BFIs.
Member
Registered: Oct 2013
Posts: 7912
Not just bank, even capital has a lot of problem. Broker hates to work with nica capital. sano sano kura ma sadai kich kich garcha bhancah.

In bank, if you want a simple certificate, I guess, around 5 individuals get involve in decision making so takes a lot of time.

Only way for NICA to come out of bad luck, sell loan to other BFIs and make thinks simple, reduce interest for both deposit and loan, show respect to staff and trust them.

I think promoters should sell their share.
Administrator
Registered: Nov 2017
Posts: 95
http://www.sharesansar.com/whats-wrong-with-nic-asia-capital-whats-the-fate-of-nic-asia-growth-scheme/

15 days past issue closing, and NICA Capital has failed to provide collection details of NICA Growth Fund

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