Refund of Savings Released to 79 Small Depositors Across Six Troubled Cooperatives
22nd September 2026, Kathmandu
The Problematic Cooperative Management Committee has refunded the savings of 79 small depositors across six cooperatives declared problematic by the government.
Refund of Savings Released
The funds were recovered through loan collections and asset management processes undertaken by the committee.
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Fund Recovery and Disbursement Mechanism
The government-appointed committee is utilizing liquidated assets and recovered credit amounts to pay back victims.
- Primary Source of Funds: Refunds are financed directly from money recovered via outstanding loan collections and asset liquidation of the respective troubled institutions.
- Priority for Small Depositors: The management committee is executing payouts on a prioritized basis, focusing first on returning full or partial funds to small account holders.
- Legal Compliance: The disbursement process is being operated continuously under prevailing legal frameworks and statutory regulations governing problematic financial cooperatives.
Government Commitment and Ongoing Operations
The Ministry of Land Management, Cooperatives and Poverty Alleviation outlined the long-term plan for remaining depositors.
- Continuous Disbursement: According to ministry officials, the refund procedure will continue progressively as additional funds are recovered through loan realizations and further asset liquidation.
- Regulatory Oversight: The government emphasized its commitment to recovering stuck funds and mitigating financial losses for affected cooperative members nationwide.
For More: Refund of Savings Released
