NMB with SIFEM

NMB Bank Limited has secured a $12 million debt investment deal with the Swiss Investment Fund for Emerging Markets (SIFEM) on 28 November, with the Swiss Agency for Development and Corporation (SDC) extending credit enhancement on a risk sharing basis. This is the first-ever SIFEM investment in Nepal and will be utilised in lending to micro, small and medium enterprises and help entrepreneurs to access finance, contribute to the development of the financial sector, preserve jobs, and boost the resilience of the local economy.