Loan

The government of Bangladesh today formalized a financing agreement with the International Development Association (IDA) of the World Bank Group, securing a $270 million loan to implement the ‘Bangladesh Sustainable Recovery, Emergency Preparedness and Response Project...

Korea will provide a $6.26 million loan to Bangladesh under a supplementary agreement in the maritime sector. In this regard, a supplementary loan agreement on the “Establishment of Global Maritime Distress and Safety System (GMDSS) and...

According to Chris Papageorgiou, head of the IMF Mission to Bangladesh, the $645 million fourth tranche of the IMF’s ongoing credit program should be accessible by February 10. “The IMF will place the fourth tranche of...

The government has signed an agreement with Asian Development Bank (ADB) for Police based Loan (PBL). Under the agreement ABD would provide JPY ninety-one billion seven hundred sixty-four million (equivalent to $600 million) to Bangladesh for...

According to a statement issued Friday, G7 leaders have finalised the terms of a $50 billion loan to support Kyiv, which would be backed by income from Russian sovereign assets that were frozen during its invasion...

Loans for the development of a metro rail line that would travel via Sadarghat from Gabtoli to Narayanganj are of interest to China Exim Bank. The Tk 600 billion metro rail-2 project would receive Tk 450...

Bangladesh will receive $1.15 billion as the third installment of a $4.7 billion loan from the International Monetary Fund (IMF). According to an IMF news statement on Wednesday, the IMF team and Bangladesh came to an...

During the Islamic Development Bank (IsDB) annual meeting program held in Riyadh, a credit deal for EURO 270.57 million (about US$289.52 million) named ‘Rural and Peri-Urban Housing Finance Project-Second Phase’ was signed. This project will run...

The board of directors decided to approve the extension of a $1.2 billion loan to Ukraine, according to the World Bank’s press office. Funds will be allocated to support 29 social assistance programs for “the most...

In order to support the nation’s resilient and inclusive growth, Bangladesh and the World Bank today inked five financing agreements totaling more than $1.1 billion. These agreements will enhance early childhood development, secondary education, riverbank protection...