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News tagged 'World Bank group'

SMEs, farmers benefit from over $500m in COVID-19 support in Asia-Pacific region

Aug 25, 2020

KATHMANDU, AUGUST 24 Thousands of micro, small, and medium enterprises, and millions of farmers across Asia and the Pacific stand to benefit from the first phase of COVID-19 crisis response funding from International Finance Corporation (IFC), a member of the World Bank Group. As the pandemic continues to send shockwaves through the global economy,...

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NMB Bank signs mandate with IFC

Jul 1, 2020

KATHMANDU: NMB Bank Ltd has signed a repeat loan mandate with International Finance Corporation (IFC), a member of the World Bank Group, for IFC loan of $25 million. NMB has become the only Bbank in Nepal to receive consecutive financing from IFC over a span of two years, as per a media release. This FDI will be the first of its kind being ushered ...

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