The proposed loan support, which is part of IFC's 'Sri Lanka Agriculture Finance Program', is aimed at providing a holistic solution to bridge an estimated agriculture financing gap of $2 billion, the development institution said. “Through the proposed project, Alliance expects to provide funding to an …
May 03, 2018 (LBO) – The International Finance Corporation, a member of the World Bank Group,is investing US 27 million dollars in Melwa Hotels and Resorts Private Limited towards the development of 3 hotels across Sri Lanka. The investment will increase Sri Lanka’s capacity in the tourism sector, …
ECONOMYNEXT – The International Finance Corporation (IFC), part of the World Bank Group, is investing US$27 million in Melwa Hotels and Resorts Private Limited to build three hotels across Sri Lanka which will be operated by Hilton Hotels. The investme…
IFC, a member of the World Bank Group, on Wednesday announced an investment of $27 million in Sri Lanka’s Melwa Hotels and Resorts Private Limited. The financing will help Melwa Hotels, a subsidiary of Melwire Rolling Private Limited, develop three new hotels outside of Colombo, in Yala, …
ECONOMYNEXT – Goldman Sachs, a New York based global investment bank, and IFC, the private sector arm of the World Bank, is loaning Sri Lanka’s Senkadagala Finance 15 million US dollars to finance small businesses headed by women. “This loan is expected to expand access to affordable …
IFC’s partnership with SANASA Development Bank has helped increase access to financial services for micro- and small-scale entrepreneurs.
International Finance Corporation (IFC) has proposed to provide a senior loan of up to $50 million to Sri Lankan mid-sized private commercial bank …