Investment Corporation of Bangladesh (ICB) wants a long-term loan of Tk 5000 crore from Bangladesh Bank at low interest. Bangladesh Bank is willing to lend if the government is the guarantor.

According to ICB sources, a part of the loan that Bangladesh wants to get from the bank will be spent on repaying the previous bank’s loan. Apart from this, the company wants to contribute to change the situation by investing in the declining stock market. If the government is the guarantor of the Tk 5,000 crore loan, the plan is to invest half in debt repayment and the other half in the stock market. However, if the loan guarantee is less than this, the amount of investment in the stock market may decrease. Recently ICB managing director Abul Hossain told  the press this information.

Source – ICB