PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

609477

Primary Business Area

Financial Institutions Group

Disclosure Date

Feb 1, 2026

Country

Papua New Guinea

Region

East Asia and the Pacific

IFC Approval Date

Mar 26, 2025

Status

Active

Estimated Total Budget

$383,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Feb 2, 2026

Project Estimated Start Date

Apr 1, 2025

Project Estimated End Date

Sep 30, 2026

Client Legal Name

National Banking Corporation

Project Description

This project is to support NBC in developing its SME banking strategy while in its current nascent stages of building a commercial banking practice as the newest and smallest commercial bank in PNG. This will be achieved through three core components: 1) providing support to the bank to segment MSME customers and identify key segments; 2) provide guidance in the development of one new MSME financial product as well as the piloting of such product; and 3) review the existing term of reference for a new LOS to provide inputs and/or refinements in the relevant credit risk management aspects.

Development Results

E&S Risks / Impacts and Mitigation