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Bangladesh, World Bank ink $450m agreement for financial sector reforms

Bangladesh has signed a $450 million financing agreement with the World Bank to strengthen the country's financial sector safety net, enhance supervisory capacity and support restructuring of the banking sector. The financing agreement under the 'Financial Sector Support Project II' was signed between the Government of Bangladesh and the International Development Association (IDA), the World...…

Bangladesh, World Bank ink $450m agreement for financial sector reforms

The Government of Bangladesh and the International Development Association of the World Bank have signed a $450 million financing agreement. According to the Dhaka Tribune Business, the agreement falls under the Financial Sector Support Project II and aims to support the restructuring of the banking sector, enhance supervisory capacity, and strengthen the country's financial sector safety net.

Brief written by urgent.news from Dhaka Tribune Business, Business Recorder, The National Business, Gulf Times Business — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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