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

USD 8.0M budget ·USD 0 disbursed ·International Finance Corporation implementer ·Nepal location ·May 1, 2013 – — timeline

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

Progress

0%
  • Plan
  • Implementation
  • Outcomes

Alignment

SDG focus

No SDGs tagged.