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IFC Helps Myanmar Oriental Bank Expand Financing for Smaller Businesses to Spur Economic Growth

IFC Helps Myanmar Oriental Bank Expand Financing for Smaller Businesses to Spur Economic Growth

IFC, a member of the World Bank Group, announced today that it will provide a $7 million convertible loan to Myanmar Oriental Bank Ltd. to help the lender expand financing for small and medium enterprises in urgent need of capital to grow their businesses and create jobs.

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