Why is the loan interest rates in Nepalese banks too expensive?

I am planning to buy few properties as an investment, but don't have enough money on hand to do so. When looking at loans the interest rates of every Nepalese banks are way too high. I think the minimum rate I found is 8%. This is really frustrating and wondering why Nepalese interest rates are way to high.

asked 15 Feb '19, 16:55

mani-rai's gravatar image

mani-rai ♦♦
accept rate: 20%

edited 15 Feb '19, 16:58

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question asked: 15 Feb '19, 16:55

question was seen: 703 times

last updated: 15 Feb '19, 16:58

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