completed

ILFC Equity Investment

International Leasing & Finance Company Limited is a non-banking finance company operating in Nepal since 1996. The company is a joint venture between KDB Capital (a subsidiary of Korean Development Bank) and Nepalese sponsors led by the National Life & General Insurance Company. IFC''s proposed investment would meet the following objectives: 1) IFCs proposed investment will help the small business community to gain easier access to longer term financing. 2) An investment in the Nepalese leasing sector will strongly support IFC''s broader efforts to develop the financial sector. 3) It will strengthen ILFC''s capital base and enable the company become a model institution as a diversified financial services company.

USD 310K budget ·USD 0 disbursed ·International Finance Corporation implementer ·Nepal location ·Aug 1, 2001 – — timeline

Overview

About this project

International Leasing & Finance Company Limited is a non-banking finance company operating in Nepal since 1996. The company is a joint venture between KDB Capital (a subsidiary of Korean Development Bank) and Nepalese sponsors led by the National Life & General Insurance Company. IFC''s proposed investment would meet the following objectives: 1) IFCs proposed investment will help the small business community to gain easier access to longer term financing. 2) An investment in the Nepalese leasing sector will strongly support IFC''s broader efforts to develop the financial sector. 3) It will strengthen ILFC''s capital base and enable the company become a model institution as a diversified financial services company.

Progress

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Alignment

SDG focus

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