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MGI barred from taking $80 million IFC loan
The Bangladesh Bank has rejected a proposal by Meghna Group of Industries (MGI) to take an $80 million loan from the International Finance Corporation (IFC) for the purchase of four ships, citing repayment risks associated with foreign currency borrowing
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MGI barred from taking $80 million IFC loan
The Bangladesh Bank has rejected a proposal by Meghna Group of Industries (MGI) to take an $80 million loan from the International Finance Corporation (IFC) for the purchase of…
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After initial rejection, BB reconsiders MGI's $80m IFC loan
The Bangladesh Bank is now reconsidering an application by Meghna Group of Industries to obtain an $80 million loan from the International Finance Corporation for the purchase of…