World Bank to give Bangladesh $18b IDA loans in next five years Inflows of foreign assistance will continue to go up, with Bangladesh receiving $18 billion from the World Bank’s soft loan window International Development Association (IDA) alone in the next five years. The Washington-based lender will provide the country
Read MoreBangladesh Bank updates environmental, social risk management guideline The Bangladesh Bank yesterday published the updated version of its guideline on environmental and social risk management (ESRM) for banks and financial institutions to help the country attain development goals and address the sustainability agenda in the financial sector. The central bank
Read MorePadma Bridge to reduce industry, tech gaps in south Padma Bridge will not only increase connectivity in Bangladesh, but also revolutionise the industrial landscape in southern parts of the country by creating new business avenue of opportunities, according to various entrepreneurs. The 6.15-kilometre steel truss bridge officially opened for public
Read MorePrivate credit growth in Bangladesh accelerated further Private sector credit growth in Bangladesh accelerated to 12.94 per cent in May, the highest in more than three years, but rising inflation and deepening volatility in the exchange rate have paled the attainment. The credit growth in the first 11 months of
Read MoreGovt’s borrowing from banks spikes Government borrowing from banking sources has gone up significantly this month as it is now on a spending spree to materialise different development and non-development programmes by the time this fiscal year ends. The government had borrowed Tk 26,741 crore from banks from July 1
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