What does IDBL mean in BANKING


IDBL stands for Infrastructure Development Bank Limited, a non-banking financial institution playing a crucial role in financing infrastructure projects in Bangladesh.

IDBL

IDBL meaning in Banking in Business

IDBL mostly used in an acronym Banking in Category Business that means Infrastructure Development Bank Limited

Shorthand: IDBL,
Full Form: Infrastructure Development Bank Limited

For more information of "Infrastructure Development Bank Limited", see the section below.

» Business » Banking

Meaning of IDBL

IDBL is a specialized financial institution dedicated to providing long-term financing for large-scale infrastructure projects in various sectors, including power, energy, transportation, telecommunications, and industrial development. It aims to promote economic growth and create sustainable infrastructure in Bangladesh.

Focus Areas of IDBL

  • Financing infrastructure projects that contribute to the country's economic development
  • Assessing and managing project risks to ensure project viability
  • Facilitating project implementation and monitoring progress
  • Collaborating with domestic and international financial institutions
  • Providing technical assistance and advisory services to project sponsors

Role in Infrastructure Development

IDBL plays a significant role in attracting private sector investment and mobilizing financial resources for infrastructure projects. It provides long-term financing with flexible repayment options, mitigating the risks associated with infrastructure development. By financing critical infrastructure projects, IDBL helps expand economic capacity, enhance productivity, and improve living standards in Bangladesh.

Essential Questions and Answers on Infrastructure Development Bank Limited in "BUSINESS»BANKING"

What is Infrastructure Development Bank Limited (IDBL)?

IDBL is a non-bank financial institution in Bangladesh that provides long-term financing for infrastructure projects. It was established in 1997 and is the only infrastructure-focused financial institution in the country.

What types of projects does IDBL finance?

IDBL finances a wide range of infrastructure projects, including transportation, energy, water and sanitation, telecommunications, and industrial infrastructure. The bank provides loans, equity, and other financial instruments to support the development and implementation of these projects.

What are the key features of IDBL's financing?

IDBL's financing offers several key features, including:

  • Long-term maturities to match the extended lifecycle of infrastructure projects
  • Competitive interest rates and flexible repayment schedules
  • Technical assistance and support to project sponsors throughout the project cycle

Who can apply for IDBL financing?

Eligible applicants for IDBL financing include:

  • Private sector companies
  • Government agencies
  • Non-governmental organizations
  • Joint ventures between public and private entities

How does IDBL evaluate loan applications?

IDBL evaluates loan applications based on several factors, including:

  • The financial viability of the project
  • The technical feasibility and environmental impact
  • The experience and track record of the project sponsor
  • The overall development impact of the project

Final Words: IDBL is a vital financial institution that contributes to the sustainable development of Bangladesh's infrastructure. By providing long-term financing and support for infrastructure projects, it fosters economic growth, creates jobs, and improves the quality of life for the people of Bangladesh.

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