News
30 June 2020

IFC boosts green and SME financing in Nepal

In:
Power, Renewables
Region:
Asia-Pacific

The International Finance Corporation is providing a $25 million loan to Nepal's NMB Bank to boost financing for green projects and small and medium-sized enterprises.The investment is expected to help expand NMB’s SME portfolio to over $1 billion by 2025 — creating up to 50,000 jobs...

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