completed
BOK STF Loan
Financial Sector Deepening: The Project will enable BoK to access foreign currency funding and compete on a level-playing field with foreign banks that have the benefit of parent funding. The IFC funding will also encourage other international banks / FIs to lend to local banks in Nepal eventually increasing the access to market funding. Supporting Trade: Support to SMEs (via trade financing) is critical as trade in Nepal contributes 41% to the GDP. The project will have a positive impact on economic activity in Nepal
Overview
About this project
Financial Sector Deepening: The Project will enable BoK to access foreign currency funding and compete on a level-playing field with foreign banks that have the benefit of parent funding. The IFC funding will also encourage other international banks / FIs to lend to local banks in Nepal eventually increasing the access to market funding. Supporting Trade: Support to SMEs (via trade financing) is critical as trade in Nepal contributes 41% to the GDP. The project will have a positive impact on economic activity in Nepal
Record quality
70% complete
Not reported by the available sources: end date, disbursement, sectors, partner organizations. This is intentionally shown as unavailable rather than estimated.
Report an update or correctionProgress
0%- Plan
- Implementation
- Outcomes
Alignment