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ONE Bank Debt

Sector: Commercial • Location: Bangladesh

Source: International Finance Corporation (IFC)

Project
Completed
    The proposed project consists of a Working Capital Solutions (WCS) facility for up to $30 million, a green/sustainable finance loan for up to $20 million and a $30 million guarantee under Global Trade Finance Program (GTFP) to ONE Bank Limited (the Bank or ONE Bank). The purpose of the IFC funding is to support and fund the Bank’s trade and lending

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Project Information

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The project “ONE Bank Debt” is an infrastructure initiative in the Commercial sector, located in Bangladesh. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

Taiyo status

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Email

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Description

Description

The proposed project consists of a Working Capital Solutions (WCS) facility for up to $30 million, a green/sustainable finance loan for up to $20 million and a $30 million guarantee under Global Trade Finance Program (GTFP) to ONE Bank Limited (the Bank or ONE Bank). The purpose of the IFC funding is to support and fund the Bank’s trade and lending program to its clients with focus on SME and to green subprojects in Bangladesh.    ONE Bank was incorporated in May 1999 as a private commercial bank. The Bank is listed on the Dhaka and Chittagong Stock Exchanges. The Bank's total assets stood at $2.7 billion as of September 2017                                                  

Original sub-sector

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Original Currency

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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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