Table Shows The Total Number of Branches of Banks and Financial Institutions in Nepal in 2019 IELTS Writing Task 1

Feb 21, 2023

Table Shows The Total Number of Branches of Banks and Financial Institutions in Nepal in 2019 IELTS Writing Task 1 sample Answers are given below. The candidates are required to present an explanatory answer for the same. Table Shows The Total Number of Branches of Banks and Financial Institutions in Nepal in 2019 IELTS Writing Task 1 is about part time and full time employment in 1998 and 2012. Table Shows The Total Number of Branches of Banks and Financial Institutions in Nepal in 2019 IELTS Writing Task 1 has been taken from the Book 101 Ielts Reading Past Papers with Answers.

IELTS writing task 1 requires candidates to write a summary or overview based on a diagram, a table, a line graph, or a bar graph in at least 150 words. Candidates are given 20 minutes and are required to write a summary for IELTS Academic writing task 1. IELTS writing score is marked based on band scores. The band scores range from 0 to 9. Meanwhile, candidates might consider practicing IELTS writing practice papers to help excel in their writing skills.

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Topic: The table below shows the total number of branches of banks and financial institutions in Nepal in 2019. The graph shows the ten districts in Nepal having the highest number of bank branches in 2019.

Band 8 IELTS Answer

The given data presents a detailed overview of the number of bank branches in Nepal in 2019. The table illustrates the total number of branches belonging to various financial institutions, whereas the graph focuses on the top ten districts with the highest number of bank branches.

Upon analyzing the table, it is evident that commercial banks and microfinance institutions hold the most significant share in terms of the number of branches. Together, they represent 83.04% of the total branches in Nepal. Moreover, microfinance institutions have a slightly higher share, with 41.77%, as compared to commercial banks, which have a 41.27% share. Finance companies, on the other hand, have the least number of branches, with only 2.36% of the total branches in the country.

Moving on to the graph, it can be observed that Kathmandu has the highest number of bank branches among all the districts in Nepal, with approximately 800 branches. The other top nine districts with the highest number of branches are Morang, Chitwan, Sunsari, Rupandehi, Kaski, Banke, Jhapa, Parsa, and Kailali. These districts have between 250-450 branches each. In contrast, the district with the least number of bank branches is Dang, with approximately 150 branches.

In conclusion, the data indicates that commercial banks and microfinance institutions are the leading financial institutions in Nepal in terms of the number of branches. Furthermore, Kathmandu is the district with the highest number of bank branches, making it the financial hub of the country.

Band 6 IELTS Answer

The provided data presents information on the total number of bank branches in Nepal for the year 2019. The table highlights that commercial banks and microfinance institutions have the most significant presence with 3585 and 3629 branches, respectively. The combined share of these two institutions in the total number of branches is about 83.04%. In contrast, finance companies have the least number of branches, accounting for only 2.24% of the total.

When looking at the graph, it is clear that Kathmandu district is the financial hub of Nepal, as it has the highest number of bank branches, approximately 800. In contrast, Dang district has the lowest number of branches, with around 150. The remaining eight districts are in the range of 250 to 500 branches, showing a relatively even distribution of banks across the country.

These figures indicate that commercial banks and microfinance institutions are the dominant players in the banking sector in Nepal. It is also evident that Kathmandu district is the most prominent financial center in the country, followed by other major cities, such as Pokhara and Biratnagar. This concentration of banks in a few areas can have both advantages and disadvantages. While it offers easier access to banking services for people in those areas, it can also lead to a lack of access for people living in rural or less populated areas. The government and banking authorities can work together to address this disparity and ensure better financial inclusion for all Nepalese.

Band 7.5 IELTS Answer

The above mentioned statistics provide us with the details associayted with the total number of bank branches in Nepal. This statistics is for the year 2019. This table highlights the total number of commercial banks and microfinance institutions have the highest number of significance. There are a total of 3585 commercial banks and 3629 microfinance institutions. Moreover, the combined share for these two branches of financial institutions stands at a value of 83.04%. However, finance companies own the least number of branches that accounts for only 2.4% of the overall data.

It is conclusive from the graph that Kathmandu has played the role of financial hub of Nepal all these years. Kathmandu has a total of 800 branches of banks approximately. Out of these just over 100 branches, ranked tenth on the list of districts with the most financial institutions.

Overall, the bar chart shows a clear distribution of financial institutions across Nepal, with the majority of the branches concentrated in urban areas such as Kathmandu, while rural areas have a relatively small number of financial centers. Commercial banks and microfinance institutions are the primary financial players in Nepal, while finance companies have a negligible presence.

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