To support export and import-based businesses in coping with global uncertainties induced by the Covid-19 pandemic, International Finance Corporation (IFC) is providing $50 million to Prime Bank Limited in Bangladesh. This IFC funding will support working capital, trade finance, and foreign exchange liquidity needs of export and import based entities borrowing
Tag: Finance
UCB to finance new entrepreneurs under SEIP
United Commercial Bank Ltd. (UCB) will finance the new entrepreneurs trained by the bank under Skills for Employment Investment Program (SEIP) of Bangladesh Bank, a press release said Tuesday. BB governor Abdur Rouf Talukder, deputy governor Abu Farah Md. Nasser, and UCB Managing Director & CEO Arif Quadri launched the
SCB wins best trade finance, CSR bank awards
Standard Chartered Bangladesh (SCB) has recently claimed the titles of ‘Best Trade Finance Bank’ and ‘Best CSR Bank’ in Bangladesh at the Global Brand Awards 2022, a press release said Thursday. SCB was awarded Best Trade Finance Bank for pioneering sustainable and future-fit trade practices, promoting inclusive trade, championing digital
UCB gets global IFC SME Finance Award
IPDC Finance opens branch at Khulna
LankaBangla signs refinance deal with BB
LankaBangla Finance Limited has signed an refinance agreement with the Bangladesh Bank under the project “Supporting Post Covid-19 Small Scale Employment Creation Project” (SPCSSECP), a press release said Saturday. Executive Director of Bangladesh Bank, Nurun Nahar and Khwaja Shahriar, Managing Director and CEO of LankaBangla Finance signed the agreement on behalf