LOANS & CREDITS

Financial Sector Support Project and Urban Resilience Project - Bangladesh

June 30, 2015

WASHINGTON, June 30, 2015 - The World Bank’s Board of Executive Directors today approved the following projects:

Bangladesh – Financial Sector Support Project and Urban Resilience Project

IDA Credit: US$300 million equivalent

IDA Credit: US$173

Terms: Maturity = 38 years, Grace = 6 years

Project ID: P150938

Project Description: The Financial Sector Support project will support developing long-term financing market in Bangladesh. The Urban Resilience Project will address seismic risk and reduce structural vulnerability of future building constructions in Dhaka and Sylhet.




Media Contacts
In Bangladesh
Mehrin Mahbub
Tel : (880-2) 8159001
mmuhbub@worldbank.org
In Washington D.C
Yann Doignon
Tel : (202) 473-3239
ydoignon@worldbank.org

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