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Nepal Fourth Financial Sector Stability Credit DPC4

Abstract*

This is the fourth operation in a series of Development Policy Credit (DPC) operations with thedevelopment objective of supporting the Government of Nepal’s (GoN) financial sector medium-termreform to reduce the vulnerability of the banking sector and increase its transparency. This program document describes the Fourth Financial Sector Stability Development Policy Credit (DPC4) to the GoN, in the amount of SDR 71.1 million (US$100 million equivalent)...

* 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

The objective of the credit is to support the financial sector medium-term reform program initiated by the Nepalese authorities to reduce the vulnerability of the banking sector and increase its transparency.

Key Details

Project Details

  • P159547

  • Closed

  • Sabin Shrestha , Gabi Afram

  • Nepal

  • Nepal

  • August 7, 2018

  • (as of board presentation)

    August 7, 2018

  • December 3, 2018

  • US$ 100.00 million

  • Beema Samiti (Insurance Board),Nepal Rastra Bank

  • South Asia

  • 2019

  • US$ 100.00 million

  • N/A

  • Not Applicable

  • June 30, 2019

  • BANK APPROVED

  • P156960

  • 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 April 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 April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jan 14, 2019 IDA-63040 Loan Disb 99,330,256.00
Feb 1, 2024 IDA-63040 Int Charges 354,317.97
Aug 1, 2020 IDA-63040 Int Charges 1,108.14
Aug 1, 2020 IDA-63040 Int Charges 365,576.75
Aug 1, 2020 IDA-63040 Int Charges 365,576.75
Feb 1, 2021 IDA-63040 Int Charges 380,933.53
Feb 1, 2021 IDA-63040 Int Charges 380,933.53
Feb 1, 2021 IDA-63040 Int Charges 11,382.72
Feb 1, 2021 IDA-63040 Int Charges 11,382.72
Aug 1, 2019 IDA-63040 Int Charges 34,489.00
Aug 1, 2019 IDA-63040 Int Charges 34,489.00
Aug 1, 2019 IDA-63040 Int Charges 365,177.60
Aug 1, 2019 IDA-63040 Int Charges 365,177.60
Feb 1, 2020 IDA-63040 Int Charges 2,331.52
Feb 1, 2020 IDA-63040 Int Charges 2,331.52
Feb 1, 2020 IDA-63040 Int Charges 363,717.97
Feb 1, 2020 IDA-63040 Int Charges 363,717.97
Aug 1, 2021 IDA-63040 Int Charges 2,536.30
Aug 1, 2021 IDA-63040 Int Charges 2,536.30
Aug 1, 2021 IDA-63040 Int Charges 380,945.80
Aug 1, 2021 IDA-63040 Int Charges 380,945.80
Aug 1, 2022 IDA-63040 Int Charges 410.59
Aug 1, 2022 IDA-63040 Int Charges 410.59
Aug 1, 2022 IDA-63040 Int Charges 352,800.88
Aug 1, 2022 IDA-63040 Int Charges 352,800.88
Feb 1, 2022 IDA-63040 Int Charges 368,366.90
Feb 1, 2022 IDA-63040 Int Charges 368,366.90
Feb 1, 2023 IDA-63040 Int Charges 345,671.30
Feb 1, 2023 IDA-63040 Int Charges 345,671.30
Feb 1, 2023 IDA-63040 Int Charges 6,502.99
Feb 1, 2023 IDA-63040 Int Charges 6,502.99
Aug 1, 2023 IDA-63040 Int Charges 8,108.45
Aug 1, 2023 IDA-63040 Int Charges 8,108.45
Aug 1, 2023 IDA-63040 Int Charges 354,547.03
Aug 1, 2023 IDA-63040 Int Charges 354,547.03
Feb 1, 2022 IDA-63040 Int Charges 4,364.18
Feb 1, 2022 IDA-63040 Int Charges 4,364.18
Aug 7, 2018 IDA-63040 Loan Commitment 100,000,000.00
Aug 1, 2024 IDA-63040 Int Charges 902.52
Aug 1, 2024 IDA-63040 Int Charges 902.52
Aug 1, 2024 IDA-63040 Int Charges 351,986.30
Aug 1, 2024 IDA-63040 Int Charges 351,986.30
Feb 1, 2024 IDA-63040 Int Charges 2,631.74
Feb 1, 2024 IDA-63040 Int Charges 2,631.74
Feb 1, 2024 IDA-63040 Int Charges 354,317.97
Aug 1, 2020 IDA-63040 Int Charges 1,108.14

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.