News
31 October 2024

Cenbank trims Export Development Fund amid smuggling allegations

Region:
Americas

Bangladesh Bank has reduced the size of its Export Development Fund to $2.51 billion amid allegations some of the proceeds were being used by businesses to smuggle money abroad, says the bank. In alignment with conditions attached to a $4.7 billion loan from the International Monetary Fund...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
20 January 2026

Dealmakers: Nabil Jijakli, Credendo

TXF spoke with Nabil Jijakli, group deputy CEO at Credendo, to outline the activity of the Belgian ECA, from the rollout of its latest product offering for small-ticket deals...

Perspective
23 January 2026

Exile Group partners with Bridgepoint to support next level...

Exile Group welcomes Bridgepoint, a leading mid-market investor, which will take a minority interest in the leading provider of events and intelligence for the export, trade,...