City Bank wins ADB's Leading Partner Bank Award in Bangladesh for the 2nd time
City Bank wins ADB’s Leading Partner Bank Award in Bangladesh for the 2nd time
Source: daily-sun.com
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Global Trade Finance Gap Widened to $1.7 Trillion in 2020
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...
Source: adb.org
ADB Meets Sri Lanka President Rajapaksa
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...
Source: adb.org
ADB supports Dubai Islamic Bank Pakistan to expand trade finance in country
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 one of the program’s most promising markets, it added. To date, the program has supported more than ...
Source: dailytimes.com.pk
ADB disbursed $1.78 billion to Pakistan in 2020
The funds were channeled through the government’s flagship poverty alleviation program
Source: dunyanews.tv