Economy

OPEC Fund provides $25 mln loan to Global IME Bank to support small businesses and enhance climate resilience in Nepal

KATHMANDU: The OPEC Fund for International Development (the OPEC Fund) has signed a US$25 million loan agreement with Global IME Bank Limited to increase access to financing for micro, small, and medium enterprises (MSMEs), including women-owned enterprises, as well as climate-smart projects. OPEC Fund’s loan will help to address...

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