IFC close to extending up to $10m loan to Nepal's NIC Asia Bank

IFC close to extending up to $10m loan to Nepal's NIC Asia Bank

Patan Durbar Square, Patan, Nepal. Photo: Shaouraav Shreshtha, Unsplash

The International Finance Corporation (IFC), a member of the World Bank Group, is proposing to extend a loan up to $10 million to NIC Asia Bank, the third largest private sector commercial bank in Nepal in terms of asset size.

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