Mobile banking users exceed 17.6 million

Kathmandu, June 13

The number of mobile banking customers has exceeded 1 crore 76 as of the mid-Baishak of the current fiscal year. As of the 31st of Baishakh, the number of users of such mobile banking services has reached 1 crore 76 lakh 76 thousand 259, according to a report released by Nepal Rastra Bank on Monday.

This represents an increase of 1.66 percent over the same time the previous year. The overall number of users of mobile banking services was 1 crore 73 lakh 82 thousand 448 as of mid-Baishak 2078 BS. According to Rastra Bank, a total of Rs 11.36 billion and 22 lakh have been transacted using mobile banking technology as of mid-April current fiscal year.