Category: Business
-

IFC Pledges $166 Million in Financial Support to Sri Lanka’s NDB, NTB, and Combank
by
International Finance Corporation (IFC), a member of the World Bank Group, has announced a financial package totaling USD 166 million in loans and credit guarantees to Nations Trust Bank (NTB), Commercial Bank of Ceylon (CBC), and National Development Bank (NDB). This package comprises a USD 50 million loan, USD 80 million in Risk-Sharing Facilities (RSFs),
