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Following a recent visit to Bangladesh, Peter Mulroy Deputy Director General of Factors Chain International, reports on the challenges faced by local businesses supported by factoring companies which are unregulated and banks that seldom finance open account trade transactions… (more…)
The Japan International Cooperation Agency (JICA) has expressed unhappiness over the Bangladesh Bank's (BB) failure to start loan disbursement to…
DS-Concept Factoring GmbH, a specialist in International Trade Financing, now provides forfeiting of deferred Letters of Credit in Bangladesh. (more…)
#bank#exporters#international
The International Finance Corporation (IFC) is providing US$55 million in a loan and trade guarantee to Bangladesh's The City Bank…
The German investment and development company, DEG, has extended a loan of USD 20 million to Eastern Bank Limited (EBL)…
#bank#investment#liquidity
Two-thirds of loans given to SMEs in Bangladesh are used in trading, which analysts say is a threat to sustainable…
The Central Bank of Bangladesh has removed an interest rate ceiling on bank loans, barring agricultural and pre-shipment export credit.…
#Bangladesh bank#bank#interest rates
Bangladesh's non-banking financial institutions (NBFIs) can expect their range of business to expand after the government proposed new legislation. (more…)
IFC has announced it would provide $80 million short-term liquidity facility to provide banks in Bangladesh with working capital and…
A new re-financing fund worth Tk 6.65 billion (US$ 95 million) has been formed aimed at facilitating financing small... (more…)
#Bangladesh bank#bank#banks
Bank Asia is looking to channel more credit into the country's small and medium enterprise sector as part of diversifying…
SME finance, cross border trade and working capital lending are to be the main drivers of Standard Chartered Bank s business…
The Credit Information Bureau (CIB) of Bangladesh Bank is currently undergoing a modernisation that will provide better access to credit…