The syndicated loan was well supported and NDB received commitments totalling $2.59bn from 15 financial institutions, allowing NDB to exercise the option to upsize the facility from $1.25bn to $2bn.
The New Development Bank (NDB) -- established by BRICS (Brazil, Russia, India, China and South Africa) in 2015 -- has enrolled Bangladesh as a new member. NDB's board of governors authorised the bank ...
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