NMB Banks signs Loan mandate with International Finance Corporation (IFC)
NMB Bank Limited has signed a mandate with IFC, a member of the World Bank Group for IFC Loan.
The mandate was exchanged between Mr. Sunil KC, Chief Executive Officer, NMB Bank Limited and Mr. Mohammad Rehan Rashid, Resident Representative The World Bank, Country Representative for Nepal
The Loan from IFC is subject to receiving approval from Nepal Rastra Bank. The IFC Loan is expected to bring in respite to current liquidity environment. The said Loan shall be mobilized primarily to support MSME/SME and agribusinesses – said in a statement issued by the Bank. This will be a huge forward step from the Banker of the Year.
The mandate was exchanged between Mr. Sunil KC, Chief Executive Officer, NMB Bank Limited and Mr. Mohammad Rehan Rashid, Resident Representative The World Bank, Country Representative for Nepal
The Loan from IFC is subject to receiving approval from Nepal Rastra Bank. The IFC Loan is expected to bring in respite to current liquidity environment. The said Loan shall be mobilized primarily to support MSME/SME and agribusinesses – said in a statement issued by the Bank. This will be a huge forward step from the Banker of the Year.
