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Islamic Finance Briefing - Categorized | Banking, Finance more

Bangladesh borrows $1.6 bln from Islamic development Bank

Posted on 20 December 2010

From Ahram.org.eg: The Islamic development bank agreed to lend Bangladesh $ 1.6 billion for the importation of oil in 2011, said senior official.
The loan was approved after long negotiations with officials in Bangladesh like the governor of the central bank of Bangladesh, said Anwar El kareem Chairman ofBangladesh Petroleum public corporation, which is the only importer and distributer in the country……………………………………….Full Article: Source

 
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