IFC proposes to extend $50m local currency debt to Sri Lankan lender NDB

Sri Lankan currency. Photo: Nuzree/Pixabay

The International Finance Corporation (IFC), a member of the World Bank Group, is looking to provide a loan of up to $50 million to Sri Lanka’s National Development Bank (NDB) to support financial access to agriculture-related micro, small and medium enterprises, according to IFC filing.

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