CDC Group has committed $30 million trade finance loan to Prime Bank Limited. The loan will enhance Prime Bank ability to meet local corporates’ US dollar funding needs, bolstering necessary import and export activities, and supporting the continued growth of Bangladesh’s economy. CDC’s loan facility will provide Prime Bank with a stable
Tag: CDC Group
CDC Group announces $30m trade finance loan to City Bank
CDC Group, the UK’s development finance institution and impact investor, has announced the close of a $30 million trade finance loan to City Bank. The loan facility will provide systemic liquidity that will support continued import and export activities and help bolster the country’s economic growth. CDC’s investment will enable City Bank