IFC
IFC calls Dhaka, New Delhi to sign water treaties to keep rivers alive
International Farakka Committee (IFC) in a statement has expressed the hope that during this visit of Indian Prime Minister Narendra Modi the two countries—Bangladesh and India—will, in the light of mutual friendship, take some effective steps for basin-wide management of common rivers by keeping them alive from their sources to the sea.
Only 1 in 20 women directors of listed companies 'independent'
Just 1 in 20 of the women , who currently make up 18 percent of directors on the boards of listed companies in Bangladesh, are independent directors .
Work together to tackle negative impacts after LDC graduation: Speakers
Speakers at a webinar on Sunday underscored the need for beginning work in a coordinated manner to stave off the potential negative impacts after LDC graduation by 2026.
Treaty on Teesta should cover basinwide management: IFC
International Farakka Committee (IFC), an environmental and water rights watch group, has said that agreements on basinwide water management of the natural common rivers is now a demand of the time.
Gazipur catalyses pvt sector to tackle sewage sludge
In a first-of-its-kind initiative, the industrial city of Gazipur on the outskirts of Dhaka has decided to set up a wastewater and sewage sludge treatment system in two of its urban zones. The move through public-private partnership aims to benefit over 2.3 lakh households in the city, officials have said.
IFC supporting SMEs during pandemic
IFC is helping to preserve thousands of jobs in Bangladesh through an investment in Prime Bank Limited to support small and medium enterprises (SMEs) and companies affected by the COVID-19 pandemic.
MSMEs, farmers to benefit from IFC Covid-19 support
Thousands of micro, small, and medium enterprises (MSMEs), and millions of farmers across Asia and the Pacific will be benefited from the first phase of Covid-19 crisis response funding from the International Finance Corporation (IFC), a member of the World Bank Group.
As the pandemic continues to send shockwaves through the global economy, IFC supported 13 companies in the region with $554 million in Covid-19 related funding in the fiscal year ending June 30 this year, said a press release.
IFC deployed $492 million in Covid-19 related trade finance lines in the region. This has helped financial institutions provide liquidity to businesses dependent on trade, especially small and medium enterprises (SMEs).
About 17,500 MSMEs and corporates in the region are also expected to be among the beneficiaries of IFC’s $2 billion Working Capital Solutions (WCS) programme in FY 2020.
Bangladesh, Nepal Mongolia need urgent response to tackle climate change impacts: IFC Study
A study conducted by International Finance Corporation (IFC), the World Bank’s commercial lending arm, reveals that Bangladesh, Nepal and Mongolia are facing immediate and significant impacts from climate change, pollution, biodiversity loss, and social inequality that require urgent responses.
UCB honoured with ‘2019 Best Partner for Women in Trade in South Asia’ award
United Commercial Bank Limited (UCB) has been awarded as ‘2019 Best Partner for Women in Trade in South Asia’ award.
Access to finance, corruption major challenges for private investment: IFC
International Finance Corporation (IFC), the World Bank’s commercial arm for private sector, in a report identified access to finance and corruption as the major impediments to private investment in the country.