Maldives has requested for a loan assistance from Bangladesh.

Local media in Bangladesh report Bangladesh Bank Governor Fazle Kabir as saying that the Maldives had requested a long-term loan from Bangladesh. However further details regarding the loan remain unclear.

"The Maldives requested us for a loan for a longer term. We are actively considering it," Bangladesh Bank Governor Fazle Kabir told a roundtable yesterday during the final session of the three-day Annual BIDS Conference on Development: Celebrating 50 Years of Bangladesh.

If the Bangladeshi government agrees to the request, it will mark the second time that Bangladesh has lent money to another country as their economy recovers following the difficulties of the pandemic.

The announcement comes after Maldivian Vice President Faisal Naseem made an official visit to Dhaka in November, during which he met with Bangladeshi Prime Minister Sheikh Hasina, President Abdul Hamid, and several Cabinet ministers.