ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Bangladesh helps out cash-strapped Sri Lanka with $200m loan

Former recipient of major foreign aid, Dhaka now has money to lend

DHAKA -- Bangladesh is offering $200 million worth of credit to Sri Lanka, changing its image from helped to helper nation while flexing newfound economic muscle.

Once thought of as an economic disaster, Bangladesh has seen annual economic growth over the past decade rumbling along at a robust 7% while significantly increasing exports and building foreign currency reserves thanks to steady remittance earnings.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more