WB okays $191m credit for Bangladesh education sector

The World Bank on Friday approved a $191 million credit to Bangladesh to help it strengthen the higher education sector and respond better to the Covid-19 pandemic. The Board of Executive Directors of the lending agency gave the approval to the Higher Education Acceleration Transformation Project. The credit is from the World

Govt, ADB sign agreements for $940m loan for vaccine purchase

The Asian Development Bank (ADB) and the Government of Bangladesh Thursday signed agreements for $940 million in loans to purchase safe and effective vaccines against the coronavirus disease (COVID-19). Fatima Yasmin, Secretary, Economic Relations Division (ERD), and Manmohan Parkash, Country Director, ADB, signed the loan agreements on behalf of Bangladesh and

Govt signs $250m deal with ADB

The Asian Development Bank (ADB) Tuesday signed a $250 million loan agreement with the government of Bangladesh to finance reforms for improving the inclusiveness and responsiveness of the social development and resilience program here. Fatima Yasmin, secretary, Economic Relations Division (ERD), and Manmohan Parkash, country director, ADB, virtually signed the loan

LankaBangla gets $15m in loan from BlueOrchard

LankaBangla Finance Limited, one of the leading NBFIs in Bangladesh, has received a loan of USD15 million from BlueOrchard Microfinance Fund managed by a Switzerland based impact fund manager, BlueOrchard Finance Limited. This is the second cross border debt transaction for LankaBangla after it received its maiden foreign funding in 2019