IFC proposes to extend $75m loan to two Bangladeshi banks

IFC proposes to extend $75m loan to two Bangladeshi banks

FILE PHOTO: Vehicles are seen stuck in a heavy traffic after office hours during Ramadan in Dhaka July 7, 2014. REUTERS/Andrew Biraj

International Finance Corporation (IFC), a member of the World Bank Group, is proposing to provide two senior loans of total up to $75 million to two Bangladeshi lenders – The City Bank Limited and Prime Bank Limited.

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