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Biman seeks Tk 15b loan from BB

| Updated: April 26, 2020 10:08:23


Biman seeks Tk 15b loan from BB

Biman Bangladesh Airlines has sought Tk 15 billion loan from Bangladesh Bank (BB) to finance its activities during lockdown amid global coronavirus pandemic.

Md Mokabbir Hossain, managing director (MD) and chief executive officer (CEO) of the national carrier, told UNB that they have sought loan as working capital.

He also said that they have made the loan proposal a day after the Bangladesh Bank issued a circular for distributing loans.

The Biman MD said that they submitted the proposal through Sonali Bank head office.

The proposal will be sent to the central bank from Sonali Bank, he added.

Most airlines around the world have been very badly hit by the prevailing pandemic caused by COVID-19.

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