Dhaka, June 20 -- Bangladesh on Friday signed loan agreements worth $1.3 billion with the Asian Development Bank (ADB) to finance four major development projects focusing on climate resilience, renewable energy, transport infrastructure and reforms in the banking sector.

The agreements were signed between the Economic Relations Division (ERD) and ADB at a ceremony held at ERD in the capital.

Md. Shahriar Kader Siddiky, Secretary of ERD, and Hoe Yun Jeong, Country Director of ADB, signed the documents on behalf of the government of Bangladesh and ADB respectively.

"These agreements mark a significant step forward in our efforts to strengthen climate resilience, boost infrastructure, promote clean energy and ensure financial stability," ...