Why development capital clusters around NMB bank
▸ Part of: Nepal's Economy Faces Divergent Growth Forecasts Amidst Tax Disputes and DFI Investments
NMB Bank has attracted significant foreign development capital, including a $100m loan from the US Development Finance Corporation and participation in Nepal's first local currency green bond. This success is attributed to early strategic investments and a focus on building environmental, social, and governance (ESG) infrastructure, driven by major shareholders like FMO. These efforts have enhanced NMB's credibility and facilitated further international investment, making it a trusted partner for development institutions.
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