What does IDBL mean in COMPANIES & FIRMS
Infrastructure Development Bank Ltd. (IDBL) is a non-banking financial institution (NBFI) in Bangladesh that provides long-term financing for infrastructure projects. It was established in 1997 to support the government's efforts in developing the country's infrastructure.
IDBL meaning in Companies & Firms in Business
IDBL mostly used in an acronym Companies & Firms in Category Business that means Infrastructure Development Bank Ltd
Shorthand: IDBL,
Full Form: Infrastructure Development Bank Ltd
For more information of "Infrastructure Development Bank Ltd", see the section below.
- IDBL stands for Infrastructure Development Bank Ltd.
- It is a non-banking financial institution (NBFI) in Bangladesh that provides medium to long-term financing for infrastructure projects.
Operations
- IDBL offers various financial products, including loans, equity investments, and advisory services.
- Its primary focus is on funding projects in sectors such as:
- Energy
- Transportation
- Telecommunications
- Water and sanitation
- Industrial development
Objectives
- IDBL's primary objective is to promote sustainable infrastructure development in Bangladesh.
- It aims to:
- Increase access to essential infrastructure services
- Stimulate economic growth
- Create employment opportunities
Funding
- IDBL raises funds from various sources, including:
- Commercial banks
- International financial institutions
- Government of Bangladesh
Governance
- IDBL is governed by a Board of Directors appointed by the Government of Bangladesh.
- The Board is responsible for overseeing the bank's operations and ensuring its financial stability.
Essential Questions and Answers on Infrastructure Development Bank Ltd in "BUSINESS»FIRMS"
What is Infrastructure Development Bank Ltd. (IDBL)?
What types of infrastructure projects does IDBL finance?
IDBL finances a wide range of infrastructure projects, including power generation and distribution, transportation, water and sanitation, and telecommunications. It also supports projects in the social sector, such as education and healthcare.
How does IDBL provide financing for infrastructure projects?
IDBL provides financing in the form of loans, equity investments, and guarantees. It also arranges financing from other domestic and international sources.
What are the eligibility criteria for obtaining financing from IDBL?
To be eligible for financing from IDBL, projects must meet certain criteria, such as:
- Technical feasibility
- Financial viability
- Environmental and social sustainability
- Alignment with the government's development priorities
What are the benefits of obtaining financing from IDBL?
Obtaining financing from IDBL offers several benefits, including:
- Access to long-term financing at competitive interest rates
- Support from a team of experienced infrastructure finance professionals
- Technical assistance and advisory services
- Compliance with international environmental and social standards
How can I apply for financing from IDBL?
To apply for financing from IDBL, you can contact the bank's head office in Dhaka or any of its regional offices. You will need to provide a detailed project proposal and supporting documentation.
Final Words:
- IDBL is a vital institution for infrastructure development in Bangladesh.
- Its financing and advisory services contribute to the country's economic growth and social progress.
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