Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Nepal
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Netherlands Development Finance Company (FMO)
Status: Approved
Bank Risk Rating: B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2016-09-14
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: NMB Bank Limited (NMB)
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Finance
Investment Type(s): Fund
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 27.78 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

Share This Page

 

Contact Us

Do you have more information on
this project, or want to get involved?
Contact EWS

Primary Source

Original disclosure @ FMO website
Updated in EWS: 2018-03-15
NMB BANK LTD NEPAL
FMO-50569

Project Description

This project finances the NMB Bank Limited with aim to streghten the rural and urban financial sector. It will also continue to indirectly support renewable energy in Nepal. 

Investment Description
Private Actors

NMB Bank Limited (NMB) is one of the leading commercial banks in Nepal, operating for over 20 years in the Nepalese financial market. The Bank has added focus in renewable energy, hydropower and project financing, that form the crux of economic development of the country. In 2015, CEDB (FMO investee company) and three smaller banks, Pathibara, Bhrikutee, and Prudential, were merged into NMB. Pursuant to which, FMO received shares of NMB.

Contact Information

*No contacts available at time of writing