Bangladesh-Financial Sector Support Project II - June 23, 2026 approval on an absence-of-objection basis

Jul 19, 2026

Uploaded by Hazel

Approval issued on an absence-of-objection basis on Tuesday, June 23, 2026 for Bangladesh under the Bangladesh-Financial Sector Support Project II. The Executive Directors approved, on the same date, a credit amounting to SDR 328 million (US$450 million equivalent). Approval is granted on the terms and conditions specified in the President’s Memorandum (IDA/R2026-0151), dated June 3, 2026, which sets the governing framework for the operation.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages1

Reading Time3 min

AccessFree to download

Approval notice

Project and amount

Governing terms and memorandum reference

FAQs

What was approved on June 23, 2026 on an absence-of-objection basis?

The Executive Directors approved a credit for Bangladesh under the Bangladesh-Financial Sector Support Project II on an absence-of-objection basis on June 23, 2026.

How much credit was approved and what was its approximate US dollar equivalent?

The approved credit was SDR 328 million, equivalent to about US$450 million.

Which memorandum defines the terms and conditions for the approval?

The terms and conditions are set out in the President’s Memorandum (IDA/R2026-0151), dated June 3, 2026.

Jul 19, 2026

Uploaded by Hazel