The World Bank recently approved a project to encourage term lending in Bangladesh that has the securitization of leases and loans at its center. "The project will contribute to the speed and efficiency of industrial growth in Bangladesh," according to Alfredo Dammert, a senior private sector development specialist at the bank.

Dammert explained that a perennial problem for encouraging lending in countries like Bangladesh is that when money provided by agencies such as the World Bank dries up, so does the lending, as the financial institutions find it difficult to raise funds on their own.

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