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ADB, World Bank approve loans worth USD 1.5 billion to Bangladesh
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....DB, World Bank approve loans worth USD 1.5 billion to Bangladesh<BR>PTI News<BR>Dated:- 20-6-2025<BR>PTI<BR>Dhaka, Jun 20 (PTI) The Asian Development Bank and the World Bank have approved loans worth ....
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....USD 1.5 billion to help Bangladesh reform its banking sector, fight climate change among other projects, according to a media report on Friday. The Asian Development Bank (ADB) approved a USD 900 mil....
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....lion loan, of which USD 500 million will support efforts to stabilise and reform the country’s banking sector, while the remaining USD 400 million will promote climate-resilient and inclusive develo....
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....pment initiatives, The Daily Star newspaper reported. The USD 500 million policy-based loan aims to strengthen governance, asset quality and stability within Bangladesh's banking system, the ADB sai....
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....d in a statement on Thursday. Separately, the ADB also approved a USD 400 million loan for the second phase of the Climate-Resilient Inclusive Development Programme (CRIDP) aimed at supporting Bangl....
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....adesh's efforts to adapt to climate change, cut emissions and foster inclusive economic growth. Also on Thursday, the World Bank (WB) approved USD 640 million for two projects aimed at enhancing gas....
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.... supply and improving air quality in Bangladesh. With the ADB and WB approvals, Bangladesh is set to receive more than USD 1.5 billion -- a development that will ease the continued strain on its for....
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....eign currency reserves. PTI GSP GSP<BR> News - Press release - PIB....