Dhaka, July 28 – The central bank has approved six proposals of foreign loans for five private sector firms, amounting to $131.
7 million.
A Bangladesh Bank handout on Thursday said its scrutiny committee for approval of foreign loan and supplier's credit gave nod to three proposals -- $15 million for Akij Ocean, $12 million for Rupayan Port and Logistics Serives Ltd, and $1.
2 million for Denimach Ltd (textile).
Three other revised proposals were granted approval at a meeting chaired by bank's governor Atiur Rahman, also convenor of the committee.
Thursday's meeting was also attended by committee members including representatives of the prime minister's office, finance, commerce and industries ministries and Board of Investment.
The committee officials (two joint directors of the bank) informed the committee that more foreign financing proposals were under process.
It hopes that such foreign financing would be helpful in keeping the exchange rate of taka vis-a-vis dollar stable and hence "the pressure on balance of payments will ease".
