Page 5 - Chain Finance Program News Today

DHAKA, May 30, 2022 (BSS) - Private sector operations of Asian Development Bank (ADB) stepped up support for the region's

Axis Bank, the third-largest private sector bank in India, has signed a Partial Guarantee Facility Agreement (PGFA) with the Asian...

Asian Development Bank (ADB) President Masatsugu Asakawa and Sri Lanka President Gotabaya Rajapaksa met Thursday (10th) in Colombo and it was reaffirmed by the Bank leadership that it would continue to support the islands recovery path from the coronavirus disease (COVID-19) pandemic.    Asakawa

ADB President Masatsugu Asakawa and Sri Lanka President Gotabaya Rajapaksa met in Colombo. In the meeting, Mr. Asakawa reaffirmed ADB’s support for Sri Lanka’s recovery path from the COVID-19 pandemic.

The City Bank Limited recently won a “Leading Partner Bank Award” partnering with Asian Development Bank (ADB) in Bangladesh from July 1, 2020 to June 30, 2021. 

City Bank wins ADB’s Leading Partner Bank Award in Bangladesh for the 2nd time

The global trade finance gap grew to an all-time high of $1.7 trillion in 2020, a 15% increase from two years earlier, as the pandemic heightened economic and financial uncertainties and devastated global trade, according to the latest...

The Asian Development Bank’s (ADB) Director General for South Asia Kenichi Yokoyama yesterday met with Sri Lanka President Gotabaya Rajapaksa to express ADB’s support for the country’s development and its coronavirus...

Daily Times July 31, 2021 The Asian Development Bank’s (ADB) Trade and Supply Chain Finance Program (TSCFP) has signed an agreement with Dubai Islamic Bank Pakistan Limited (DIBPL) to support trade in Pakistan. ADB will provide guarantees to help DIBPL expand its trade finance business in Pakistan, said a press statement of the bank received here. TSCFP has been operating in the country since 2008 and the addition of DIBPL increases TSCFP’s Pakistan partner banks to 13 and makes Pakistan on...

The funds were channeled through the government’s flagship poverty alleviation program