Nepal's Global IME Bank likely to get $56m from IFC

World Bank Group member proposes three-year U.S. dollar-denominated loan

20231004 DSA IME IFC

Global IME Bank is the largest bank in Nepal, while IFC is a multinational lender and member of the Word Bank Group. (NIKKEI montage/Source photo Getty. Logos from Global IME Bank and IFC websites)

MARS W. MOSQUEDA JR., DealStreetAsia

CEBU, Philippines -- World Bank Group member International Finance Corporation has proposed extending a $56 million loan to Global IME Bank, the largest lender in Nepal, according to a disclosure.

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