IFC mulls extending $20m loan to Nepal's Sanima Bank

IFC mulls extending $20m loan to Nepal's Sanima Bank

Kathmandu, Nepal. Photo by Laurentiu Morariu on Unsplash

The International Finance Corporation (IFC), a member of the World Bank Group, is proposing an investment of up to $20 million in Kathmandu-headquartered Sanima Bank, Nepal’s 15th largest bank in terms of total assets.

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