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- Operations
- National Development Bank (NDB)
National Development Bank (NDB)
Sri Lanka
Borrower | National Development Bank (NDB) |
Financing Type | Private Sector & Trade Finance |
Instrument | Private Sector Debt |
Focus Area | Financial |
Approved | 10.06.2014 |
Signed | 24.06.2014 |
Status | Completed |
Loan Administrator | OPEC Fund |
Co-financiers | IFC, IFC B loan lenders, DEG, OBVIAM |
OPEC Fund Contribution (US$m) | 20.00 |
The bank will use this US$20m facility to finance loans to small and medium-sized companies across a wide range of industry segments in which the bank is active, which includes agriculture, animal husbandry, fertilizer, chemicals, pharmaceuticals, tea, minerals, metals, textiles and garments.