IFC to Provide $25 Million Loan to Facilitate Green Financing in Nepal

The investment is expected to create nearly 50,000 jobs in the next five years

July 10, 2020

/ Anjana Parikh
/ Finance and M&A, Other
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The International Finance Corporation (IFC), the financial arm of the World Bank Group, has announced that it will provide a loan of $25 million to NMB Bank, one of Nepal’s premier banks, to boost green financing projects and small and medium enterprises (SMEs).

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Anjana Parikh

More articles from Anjana Parikh.
economic growthGreen FinancingIFCinvestmentLoanNepalSustainable
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