Print Print edition: 2023-07-09 Jeddah-based ITFC signs deal to fund $1.4bn of Bangladesh oil imports Published July 9, 2023 Updated July 9, 2023 09:05am Save Saved 1 min Comments By Reuters Add BRecorder as a trusted source on Google JEDDAH: The International Islamic Trade Finance Corporation (ITFC), which is based in Jeddah, signed a $1.4 billion financing plan with Bangladesh to fund the country’s oil imports, the Saudi state news agency (SPA) said on Saturday. Dar apprises ITFC CEO of macroeconomic situation “This financing plan will enable the Bangladesh Petroleum Company to import oil products from July 2023 to June 2024,” SPA said. Bangladesh Oil OIL IMPORTS ITFC Comments Comments are closed for this article. More Stories Army commanders warn of decisive action against attempts to create May 9-like situation Pakistan’s trade deficit surges 6% YoY to $3.6bn in September 2026 Govt-opposition talks adjourned till tomorrow after day-long negotiations Defence committee meeting under Makkah pact to be held soon in Riyadh: Dar Oil prices drop as Europe agrees to release diesel reserves Pakistan calls Houthi attack on Madinah power station a grave provocation PSX: KSE-100 settles nearly 500 points lower Cargo stacks up as Pakistan seizes containers to block capital routes Four Pakistani crew rescued after MV Honour 25 hijacking to reach home Saturday: Dar World Bank proposes export-finance products for Pakistan’s EXIM Bank Rupee records gain against US dollar Browse all stories
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