National Development Banks Are Back in Vogue

Mar 2019
Global, March, 07 2019 - NDBs are a unique species. Generally state-owned, they lend in pursuit of missions set out by the government. They cater to those often neglected by commercial bankers, lending to small firms, farmers or exporters, or funding infrastructure projects. Many banks seek to marry purpose with profitability. But achieving this in practice is not easy.

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Source : The Economist

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