IFC mulls $14.5m loan for SG agri trading firm Agrocorp

The International Finance Corporation (IFC), a member of the World Bank Group, has proposed to invest up to $14.5 million in Singapore-based agricommodity trade Agrocorp International Pte Ltd, according to a disclosure.

The proposed investment will be in the form of a subordinated loan for a project supporting Agrocorp’s trading flows of wheat and pulses as part of the efforts to ensure food security in Bangladesh.

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