IFC mulls $142m loan to Shanghai-listed discount chain LBX Pharmacy

IFC mulls $142m loan to Shanghai-listed discount chain LBX Pharmacy

IFC/World Bank HQ. Photo: IFC

International Finance Corporation (IFC), a member of the World Bank Group, is considering extending a loan of up to 1 billion yuan ($142 million) to Shanghai-listed discount pharmacy chain LBX Pharmacy to support the firm’s expansion.