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Nepal Third Financial Sector Stability Credit DPC3

Abstract*

The development objective of Third Financial Sector Stability Development Policy Credit Project (DPC3) for Nepal is to support the medium-term reform program for the financial sector initiated by the Nepalese authorities to reduce the vulnerability of the banking sector and increase its transparency. The objective of the credit is to support the financial sector medium-term reform program initiated by the Nepalese authorities to reduce the vulnerability...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

This project is the third Development Policy Credit for Nepal that focuses on financial sector stability, and follows up on the achievements of DPC1 and DPC2. This DPC supports the Government of Nepal's medium terms program to ensure the stability of the financial sector and to address the short and medium term vulnerabilities in the sector. It also continues the support provided under DPC2 which aims to expedite and scale up relief and recovery efforts following the devastating earthquake while mitigating new emerging financial sector weaknesses and allowing it to play its role in the broader post-disaster recovery effort

Key Details

Project Details

  • P156960

  • Closed

  • Gabi Afram , Sabin Shrestha

  • N/A

  • Nepal

  • November 9, 2015

  • (as of board presentation)

    March 2, 2017

  • May 8, 2017

  • US$ 100.00 million

  • N/A

  • South Asia

  • 2017

  • US$ 100.00 million

  • N/A

  • Not Applicable

  • March 31, 2018

  • BANK APPROVED

  • P133777

  • May 27, 2021

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 100.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 100.00
IBRD + IDA Commitment 100.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 100.00

Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of June 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jul 1, 2024 IDA-58750 Int Charges 335,190.70
Jul 1, 2019 IDA-58750 Int Charges 367,334.80
Jul 1, 2024 IDA-58750 Int Charges 44,119.52
Jul 1, 2024 IDA-58750 Int Charges 44,119.52
Jul 1, 2024 IDA-58750 Loan Repay 1,452,286.10
Mar 2, 2017 IDA-58750 Loan Commitment 100,000,000.00
Jan 1, 2023 IDA-58750 Int Charges 336,576.70
Jan 1, 2023 IDA-58750 Int Charges 336,576.70
Jan 1, 2023 IDA-58750 Int Charges 3,815.05
Jan 1, 2023 IDA-58750 Int Charges 3,815.05
Jul 1, 2023 IDA-58750 Loan Repay 1,467,233.50
Jul 1, 2023 IDA-58750 Int Charges 352,136.03
Jul 1, 2023 IDA-58750 Int Charges 352,136.03
Jul 1, 2023 IDA-58750 Int Charges 11,941.25
Jul 1, 2023 IDA-58750 Int Charges 11,941.25
Jan 1, 2024 IDA-58750 Loan Repay 24,232.61
Jan 1, 2024 IDA-58750 Loan Repay 1,456,249.40
Jan 1, 2024 IDA-58750 Int Charges 304,787.80
Jan 1, 2024 IDA-58750 Int Charges 304,787.80
Jul 1, 2021 IDA-58750 Int Charges 7,536.28
Jul 1, 2021 IDA-58750 Int Charges 7,536.28
Jul 1, 2021 IDA-58750 Int Charges 376,985.47
Jul 1, 2021 IDA-58750 Int Charges 376,985.47
Jul 1, 2022 IDA-58750 Int Charges 349,115.25
Jul 1, 2022 IDA-58750 Int Charges 349,115.25
Jul 1, 2022 IDA-58750 Int Charges 2,973.14
Jul 1, 2022 IDA-58750 Int Charges 2,973.14
Jan 1, 2022 IDA-58750 Int Charges 367,284.75
Jan 1, 2022 IDA-58750 Int Charges 367,284.75
Jan 1, 2022 IDA-58750 Int Charges 3,256.71
Jan 1, 2022 IDA-58750 Int Charges 3,256.71
Jan 1, 2020 IDA-58750 Int Charges 365,359.97
Jan 1, 2020 IDA-58750 Int Charges 161.42
Jan 1, 2020 IDA-58750 Int Charges 161.42
Jan 1, 2020 IDA-58750 Int Charges 365,359.97
Jul 1, 2020 IDA-58750 Int Charges 741.18
Jul 1, 2020 IDA-58750 Int Charges 741.18
Jul 1, 2020 IDA-58750 Int Charges 362,512.70
Jul 1, 2020 IDA-58750 Int Charges 362,512.70
Jan 1, 2021 IDA-58750 Int Charges 2,161.44
Jan 1, 2021 IDA-58750 Int Charges 2,161.44
Jan 1, 2021 IDA-58750 Int Charges 373,688.72
Jan 1, 2021 IDA-58750 Int Charges 373,688.72
Jun 2, 2017 IDA-58750 Loan Disb 97,661,688.00
Jan 1, 2018 IDA-58750 Int Charges 60,745.08
Jan 1, 2018 IDA-58750 Int Charges 60,745.08
Jan 1, 2018 IDA-58750 Int Charges 371,188.53
Jan 1, 2018 IDA-58750 Int Charges 371,188.53
Jul 1, 2018 IDA-58750 Int Charges 5,777.77
Jul 1, 2018 IDA-58750 Int Charges 5,777.77
Jul 1, 2018 IDA-58750 Int Charges 372,389.40
Jul 1, 2018 IDA-58750 Int Charges 372,389.40
Jan 1, 2019 IDA-58750 Int Charges 7,544.15
Jan 1, 2019 IDA-58750 Int Charges 7,544.15
Jan 1, 2019 IDA-58750 Int Charges 359,436.44
Jan 1, 2019 IDA-58750 Int Charges 359,436.44
Jul 1, 2019 IDA-58750 Int Charges 1,228.68
Jul 1, 2019 IDA-58750 Int Charges 1,228.68
Jul 1, 2019 IDA-58750 Int Charges 367,334.80
Jul 1, 2024 IDA-58750 Int Charges 335,190.70

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-30-2020
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 02-02-2021PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityN/a

Results Framework

No data available.