FE Today Logo
Search date: 13-11-2024 Return to current date: Click here

EBL secures $35m loan from OPEC Fund

November 13, 2024 00:00:00


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.


Share if you like