Sri Lanka repays $100m in 2nd installment of loan taken from Bangladesh

monson

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  • May 7, 2007
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    United News of Bangladesh . Dhaka | Published: 12:10, Sep 01,2023

    Sri Lanka has paid another $100 million in the second installment out of $200 million loan given by Bangladesh in a currency swap, said a Bangladesh Bank spokesperson on Friday.

    Last month Colombo paid $50 million in the first installment of the loan repayment.

    Bangladesh lent $200 million from its foreign exchange reserves to Sri Lanka during its economic crisis.

    The remaining $50 million is due to be repaid within the current year, said Bangladesh Bank Executive Director and Spokesperson Mesbaul Haque.

    Bangladesh extended the dept repayment time to let Sri Lanka time to revive its economy.

    - https://www.newagebd.net/article/21...2nd-installment-of-loan-taken-from-bangladesh
     

    topkollek

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  • May 22, 2014
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    ┬┴┬┴┤(·_├┬┴┬┴
    Sri Lanka yesterday paid back another $100 million of the $200 million it took from Bangladesh in a currency swap agreement two years ago, a top official of Bangladesh Bank said today.


    With the latest instalment, the Island nation paid back a total of $150 million, according to Md Mezbaul Haque, the central bank's spokesman.


    The repayment comes more than a year and a half after the original agreed date. Sri Lanka and Bangladesh entered in the currency swap agreements in August 2021.


    Sri Lanka repaid $50 million as the first instalment on August 17, the Daily Star reported.


    "We are hopeful that the rest of the amount will be cleared by September," said Haque.


    When the currency swap deal was agreed, Sri Lanka was supposed to repay the amount within three months.


    Bangladesh lent the money to Sri Lanka in three instalments in 2021 -- the first tranche of $50 million was sent on August 19, the second instalment of $100 million 11 days later and another $50 million in September -- the first loan given by Bangladesh to any country.

    https://www.dailymirror.lk/breaking-news/Sri-Lanka-returns-another-100m-to-Bangladesh/108-266439
     

    topkollek

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  • May 22, 2014
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    ┬┴┬┴┤(·_├┬┴┬┴
    පොලිය කීයක් ගෙවල ද
    මාස තුනෙන් දෙන්නම් හදිස්සියට සල්ලි ටිකක් දියං කියල සල්ලි ඉල්ලා ගත්තෙ. පොලී නෑ.

    අවුරුදු දෙකක් ගිය නිසා බංගලිය පව් ඉතිං
     
    • Wow
    Reactions: Tricle_Buwa

    Asmodeus

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  • Feb 6, 2023
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    Ursa Major
    මාස තුනෙන් දෙන්නම් හදිස්සියට සල්ලි ටිකක් දියං කියල සල්ලි ඉල්ලා ගත්තෙ. පොලී නෑ.

    අවුරුදු දෙකක් ගිය නිසා බංගලිය පව් ඉතිං
    Bangladesh can invest their equivalent in rupees here and take profits. I don't know what they did with that, but according to the rules of the currency swap, they can use this money.
     

    EnIgma001

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  • Mar 24, 2011
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    Hell
    මුං වගේ එවුන් ජාතක වෙනවනේ අප්පා අම්මලට