EBL secures $35m loan from OPEC Fund


FE Team | Published: November 13, 2024 00:01:01


EBL secures $35m loan from OPEC Fund


Eastern Bank PLC (EBL), a leading private sector financial institution, has secured a $35 million loan from the OPEC Fund for International Development, says a statement.
The loan aims to strengthen Bangladesh's economic resilience by enhancing access to finance for small and medium-sized enterprises (SMEs), promoting agribusiness, supporting trade finance, and advancing green projects.
The OPEC Fund and EBL have signed the loan agreement in Dhaka recently.

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