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Nepal: Financial Sector Technical Assistance Project
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CREDITAMOUNT: IDA -- US$16 million
TERMS: Grace period = 10 years; Maturity = 40 years
PROJECT DESCRIPTION:  The credit will help create a prudently operated and commercially viable banking system. It will specifically focus on helping to restructure Nepal’s Central Bank to perform key central banking functions more effectively; initiate commercial banking reform in the two large ailing commercial banks that dominate the sector; and improve the environment for financial sector reform in areas such as enhanced credit information, better financial news reporting and better training for staff in financial institutions. For more information, please call Karina Manasseh at (202) 473-1729 or email kmanasseh@worldbank.org.Â
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| For more information, please visit the Projects website. |
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