PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607527

Primary Business Area

Financial Institutions Group

Disclosure Date

Oct 13, 2023

Country

Nepal

Region

South Asia

IFC Approval Date

Dec 5, 2022

Status

Active

Estimated Total Budget

$130,863.00
(Project budget includes all project-funded activities)

Last Updated Date

Oct 23, 2023

Project Estimated Start Date

Dec 1, 2022

Project Estimated End Date

Sep 30, 2023

Client Legal Name

SANIMA BANK LIMITED

Project Description

This project with Sanima Bank’s is to improve its risk management practices with a focus on key risk management areas as they scale their lending to small and medium enterprises (SMEs). The project will focus on upgrading its Operational Risk Management and reporting practice of the bank.

Development Results

E&S Risks / Impacts and Mitigation