G7 finalize $50bn Ukraine loan backed by Russian assets
G7 finalize $50bn Ukraine loan backed by Russian assets

G7 leaders have finalized details surrounding a US $50 billion loan to aid Kyiv, backed by profits from Russian sovereign assets frozen after its invasion of Ukraine, according to a statement released Friday, reports BSS. Leaders of the Group of Seven United States, United Kingdom, Canada,...

Country’s 6 struggling banks receive Tk 1,640 crore in liquidity support
Country’s 6 struggling banks receive Tk 1,640 crore in liquidity support

Six financially weak banks, grappling with liquidity crises, have reportedly received a total of Tk 1,640 crore in loans by three stronger banks, reports UNB. Sources within the Bangladesh Bank said that this step is aimed at alleviating the liquidity constraints faced by the countrys weaker...