LankaBangla Finance gets $21m foreign loans

LankaBangla Finance has recently received $21 million in foreign currency loans from two companies with prior approval from Bangladesh Bank.
Financing for Healthier Lives DAC, an Ireland-based special purpose vehicle, provided $5 million whereas five funds managed by responsAbility Investments AG, a Swiss impact investment manager, provided $16 million, said a press release.
The funds will mainly be utilised to provide loans to small and medium enterprises and finance projects with positive social impacts.
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