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DBBL Investment Package

Sector: Raw Materials • Location: Bangladesh

Source: International Finance Corporation (IFC)

Project
Pending

 The proposed investment comprises of (i) a 3-year senior unsecured loan of up to US$20 million with an annual amortizing structure to support climate linked trade and (ii) an unfunded guarantee facility under the Global Trade Finance Guarantee Program of IFC (the “Project”) to support trade finance expansion in Bangladesh. The facilities will be extended to Dutch Bangla Bank PLC (“DBBL” or the “B

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The project “DBBL Investment Package” is an infrastructure initiative in the Raw Materials sector, located in Bangladesh. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

pending

Taiyo status

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Email

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Description

Description

 The proposed investment comprises of (i) a 3-year senior unsecured loan of up to US$20 million with an annual amortizing structure to support climate linked trade and (ii) an unfunded guarantee facility under the Global Trade Finance Guarantee Program of IFC (the “Project”) to support trade finance expansion in Bangladesh. The facilities will be extended to Dutch Bangla Bank PLC (“DBBL” or the “Bank”), a large private bank with an asset base of US$5.3 billion (4th largest amongst conventional private commercial banks) and ranking 2nd in terms of deposits. In addition, the project is supported by the IDA20 IFC-MIGA Private Sector Window’s Blended Finance Facility (“IDA PSW-BFF”) to de-risk the investment. 

Original sub-sector

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Original Currency

USD

Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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