Understanding Loan Loss Provision in Nepalese Banking Industry
The core business of banks and financial institutions is to provide loans to individuals and institutions. The loans may not be recovered on time which may hamper the banking industry…
Temperature Check.
It seems like no one has anything good to say about where our economy is or where we are heading soon. There are constant questions about ‘when the liquidity/credit crisis…
Annual Letter to Shareholders FY 20-21
February 28, 2022 “There will be no final truth, only a consistent, energetic, and ever-evolving process of seeking it” – Seth Klarman How high is too high? Dear Shareholders, For…
Snowball Capital’s Memo to Shareholders – What next?
April 14, 2020 As everyone is inundated with various data and news with regard to the Corona Virus, we will not delve into the science of the pandemic. We shall…
Snowball Capital’s Memo on the Impact of Covid-19 on Remittance
May 15, 2020 As a result of the deadly coronavirus pandemic, remittances to Nepal are likely to drop by 14% according to the World Bank. Global remittances are also projected…
Snowball Capital’s Memo on the Banking Sector Post Covid-19
April 18, 2020 Background Even prior to the lockdown, banks had started experiencing decreased growth rates (single digits) after a run of at least 3 years with average growth nearing…