Bangladesh Government approves USD270m loan from HSBC for Biman Bangladesh Airlines

    Bangladesh‘s Finance Minister A M A Muhith reported the Ministry approved Biman Bangladesh Airlines to take a USD270 million hard loan from Hong Kong and Shanghai Banking Corporation (HSBC) to acquire two Boeing 787 aircraft (Bangladesh Post/New Age Business, 02-Jul-2018). Mr Muhith said the loan has a 7.2% interest rate and will be repaid over a 12 year period.