DHAKA BANK AND IFC SIGNED US$55 MILLION FACILITIES AGREEMENTS
Dhaka Bank Limited and International Finance Corporation (IFC) recently signed US$55 million facilities agreements at the Corporate Office of the Bank. Under the agreements, IFC will provide US$20 million Working Capital Solutions (WCS) facility to Dhaka Bank’s Offshore Banking Unit for expanding its foothold in SME-based export sector and US$35 million Guarantee Facility under Global Trade Finance Program (GTFP). Mr. Syed Mahbubur Rahman, Managing Director and CEO, Dhaka Bank Limited and Ms. Ariane Di Iorio, Regional Industry Manager, Financial Institutions Group, IFC South Asia recently signed the agreements on behalf of their respective organizations. Mr. Emranul Huq, Additional Managing Director, Mr. Khan Shahadat Hossain, Mr. Md. Shakir Amin Chowdhury, Mr. Mohammad Abu Jafar, Deputy Managing Directors, Mr. Darashiko Khasru, Chief Financial Officer, Dhaka Bank Limited, Mr. Ehsanul Azim, Senior Investment Officer and Mr. Farjad Siddiqui, Associate Investment Officer, International Finance Corporation along with other officials of both the organizations were present.
ABOUT DHAKA BANK
Dhaka Bank has truly cherished and brought into focus the heritage and history of Dhaka and Bangladesh from Mughal outpost to modern metropolis. Most of its presentation, publications, brand initiatives, delivery channels, calendars and financial manifestations bear Bank’s commitment to this attachment.