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.