46924-014: SRI: SENIOR UNSECURED LOAN TO NATIONS TRUST BANK - SMALL AND MEDIUM-SIZED ENTERPRISES FINANCE PROJECT
Project Data Sheet (PDS): Overview
The project entails a $15 million, 5-year ADB loan to NTB for onlending to SME borrowers. The project will help meet rising demand for financing by SMEs and give them better access to funding. It will also support the growth of Sri Lanka's banking sector by providing longer-term financing. To promote inclusive financial development, the project will include geographic targets for NTB onlending in post-conflict areas, as well gender lending targets to support women involved in SMEs. Read More
|Borrower/Equity Investment Name||NATIONS TRUST BANK PLC|
|Type or Modality of Assistance||
|Financing||Private sector (Nonsovereign)|
|Approval Date||06 Feb 2013|
|Closing Date||26 Jul 2015|
|Geographical Location||Sri Lanka|
Banking systems and nonbank financial institutions
Small and medium enterprise finance and leasing
Indigenous People: FI
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