SAPL closes USD 30.5 million financing deal with FMO, IDCOL Summit Alliance Port Ltd. (SAPL), the leading private sector inland container depot operator, has availed a syndicated term loan facility from NederlandseFinancierings-MaatschappijVoorOntwikkelingslanden N.V. (FMO) and Infrastructure Development Company Limited (IDCOL) to set up the first ever private sector Inland Container
Read MoreDhaka, Delhi to sign USD 2.0 billion loan deal today Dhaka and New Delhi will sign the final agreement on a USD 2.0 billion (about BDT 160.0 billion) credit from India on Wednesday, reportsbdnews24.com. The signing of the Line of Credit (LoC) deal will take place at the NEC auditorium
Read MoreHackers steal USD 100.0 million from Bangladesh Bank account Bangladesh Bank has identified the people involved in the hacking of around USD 100.0 million (BDT 7.8 billion) from its foreign currency account with the Federal Reserve Bank of New York, claim BB officials. Almost the entire amount was transferred online
Read MoreMost banks operate sans risk coverage Most commercial banks in the country have been operating without risk coverage even though they are vulnerable to financial crimes like burglaries and skimming, a spot survey reveals. The bankers appear blissfully oblivious of a policy on overseas reinsurance, styled, the financial institutions’ comprehensive
Read MoreBangladesh Bank wants list of goodies among bank borrowers The central bank has sought information about good borrowers from all the commercial banks, as the goodies would enjoy financial incentives. “We’ll issue an instruction for furnishing the information (in prescribed form) to know about the number of good borrowers, amount
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