Prime Bank signs loan deal with IFC

Dhaka,  Fri,  22 September 2017
Published : 08 Aug 2017, 17:05:23
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Prime Bank signs loan deal with IFC

Prime Bank Ltd signed a $50 million loan deal with the International Finance Corporation.

The fund by IFC, a member of the World Bank Group, will be used finance international trade and to disburse loans for businesses in the export processing zones, reports bdnews24.com

In a statement issued on Monday, the bank said its Managing Director Ahmed Kamal Khan Chowdhury and IFC’s Financial Institutions Group’s South Asia Manager Ariane Di Iorio signed the agreement recently.
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