Wells Fargo, a leading financial services institution has extended balance sheet support to Eastern Bank PLC (EBL) in the form of a trade loan of USD 20 million. This transaction not only marks the largest trade loan extended to EBL but also represents the highest amount granted by the US-based lender to any bank in Bangladesh. Social risk assessments of imported goods, particularly from industries with higher social risk profiles are the major criteria for disbursement of the trade loan.
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