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Bangladesh

IFC invests US$50m in City Bank to support SME...

IFC, a member of the World Bank Group, is investing US$50m in City Bank PLC to help SMEs in Bangladesh grow, create jobs, and boost economic recovery. On this occasion, an agreement signing ceremony was recently held at the head...

#City Bank#IFC#Mashrur Arefin

NCC Bank introduces four new SME products in Bangladesh

Recognising the significant role of the CMSME (Cottage, Micro, Small, and Medium Enterprises) sector in the national economy and aiming…

#sme finance#supply chain finance


IFC invests $90M to boost MSME financing in Bangladesh

The International Finance Corporation (IFC), a member of the World Bank Group, has invested US$90m to support export and import-based…

#working capital


City Bank Bangladesh acquires US$30m loan from OPEC Fund...

City Bank recently signed a US$30m loan agreement with OPEC Fund for International Development (the OPEC Fund) to support international trade…

#bank#international#International Trade


Prime Bank pioneers two-factor international factoring in Bangladesh

Prime Bank has achieved a significant milestone as the first local bank in Bangladesh to successfully execute an international factoring…

#edifactoring


Kimiwa Saddat appointed Managing Director of Meghna Bank

Kimiwa Saddat has assumed the role of Managing Director (Current Charge) at Meghna Bank PLC, effective today, Sunday, February 11,…

#corporate finance#Managerial Appointments


ITFC extends Murabaha trade finance facility to City Bank

International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, has announced the extension of its…

#International Islamic Trade Finance Corporation#Islamic Development Bank#ITFC


IFC aids Bangladesh trade finance market with $50m loan

The International Finance Corporation (IFC) is providing US $50m loan to Brac Bank in order to support small and medium-sized…

#working capital finance


First digital factoring platform launched in Bangladesh

Bangladesh's first-ever digital factoring marketplace TREDX, owned by Pakistan’s fintech Think Big Solutions Limited, announced on Sunday a launch of…

#digital factoring#digital platform#TREDX


Think Big Solutions to launch TREDXonline, a digital factoring...

Think Big Solutions Limited, a new fintect, will launch in Bangladesh the first integrated digital invoice market platform, called TREDXonline.…

#factoring platform#TREDX


Bangladesh Bank supports digital factoring

The Bangladesh Bank, (Central Bank of Bangladesh), has issued a guideline to allow an... (more…)

#Bangladesh bank


Four factories join the pilot launch of’ Factory Social...

PrimaDollar, supported by its liaison office in Bangladesh and its team in Dhaka, has now signed agreements with four factory…

#ESG#PrimaDollar

Incomlend supports textile companies in Bangladesh

Global invoice financing marketplace Incomlend announced a new invoice financing programme for... (more…)

#exports#invoice#payment terms

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