IFRS 9 Compliance in Nepal
Localized regulatory updates, provisioning models, and audit-ready disclosures for financial institutions in Nepal
Nepal IFRS 9 Requirements
Nepal Rastra Bank (NRB) mandates IFRS 9 compliance for all Class A, B, and C financial institutions. Nepal adopted IFRS 9 in phases starting 2022, with NRB providing detailed directives on ECL methodology, loan classification, and quarterly reporting requirements specific to Nepal's banking sector.
Nepal Rastra Bank (NRB)
Central regulatory authority for IFRS 9 via Unified Directives
Quarterly NRB Returns
Detailed ECL reporting via NRB's Bank and Financial Institution Regulation Department
Multi-tier Banking System
ECL models for Class A (commercial), Class B (development), and Class C (finance companies)
Remittance-Driven Economy
Specialized considerations for remittance flows and agriculture-based lending
Key Compliance Milestones
Estimator 9 for Nepal Banks
Purpose-built ECL automation tailored to NRB regulatory requirements and Nepal's unique economic context
NRB Unified Directives
Pre-configured templates matching Nepal Rastra Bank's quarterly reporting formats
Multi-tier Support
Tailored ECL models for Class A, B, and C financial institutions
Nepal Macro Scenarios
Forward-looking scenarios calibrated to NPR, remittances, agriculture, and tourism
Trusted by Leading Nepalese Banks
FineIT serves multiple Class A commercial banks in Nepal with NRB-compliant IFRS 9 solutions. Our regional presence and understanding of Nepal's unique economic factors (remittances, agriculture, hydropower) ensures contextual accuracy.
Benefits for Nepal Institutions
Proven advantages from our Nepalese banking clients
Frequently Asked Questions - Nepal
Common questions from Nepalese financial institutions
Partner with FineIT for IFRS 9 Compliance in Nepal
Join leading Nepalese banks using Estimator 9 for NRB-compliant ECL automation