Tue, Nov 30, 2021
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Property, Projects, Infrastructure more

Govt in talks for IDB credits for oil import in 4 years

Posted on 24 January 2013

The Islamic Development Bank (IDB) is likely to provide credits up to US$ 11 billion to the Bangladesh Petroleum Corporation (BPC) in four years up to 2016 for purchase of petroleum oil, officials said Wednesday.
Economic Relations Division (ERD) officials said the Jeddah-based lender had given assurances about giving $8.0 billion to $11 billion in the form of short-term credit to the state-owned corporation under its proposed Member Country Partnership Strategy (MCPS)………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
November 2021
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930