Nepal Annual Monitor 2015

Nepal is a newcomer to the digital financial services (DFS) space, with most efforts being small scale with branchless banking deployments. Most banks simply lack a long-term vision to create alternate distribution channels to reach the ‘last mile,’ and a large portion of their efforts to date have been driven by interventions from development agencies. Nepal’s economy has been affected significantly by the earthquake of April 2015 as well as the political unrest that occurred during most of the second half of 2015.