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
29 October 2025

10 mins with: PuiYin Tham, Marubeni

TXF spoke with PuiYin Tham, vice president of business development at Marubeni to outline the benefits of taking the ECA funding route and how the Japanese developer’s deal...

Perspective
31 October 2025

Aliança Energia: Vale taps GIP’s firepower

Global Infrastructure Partners' $1 billion swoop for Aliança Energia highlights the changing structure of Brazil's electricity market. Big commodities producers and...