Sri Lanka’s Nations Trust Bank has announced securing a debt financing package of up to $70 million from the International Finance Corporation (IFC), the private sector arm of the World Bank Group. This financing package includes a $50 million senior unsecured loan and a $20 million Global Trade Finance Program line.
The bank stated in a stock exchange filing that the funding “is expected to enhance NTB’s capacity to expand support to key economic segments as Sri Lanka’s recovery gains momentum.” This marks IFC’s first debt transaction in Sri Lanka’s financial sector since the 2022 financial crisis.
In September of the previous year, Nations Trust Bank revealed that it had entered into a sale and purchase agreement with The Hongkong and Shanghai Banking Corporation’s Sri Lanka branch (HSBC Sri Lanka) to acquire its retail banking business for 18 billion rupees, along with any applicable taxes.
The bank’s financial report, published in November, showed a 48 percent increase in profits from the previous year, reaching 6.1 billion rupees, driven by higher net interest income. Additionally, NTB’s proposed debenture issue of 15 billion rupees has been assigned an expected National Long-Term Rating of ‘BBB+(lka)(EXP)’ by Fitch Ratings.
(Colombo/Jan22/2026)
