DHAKA, Oct 14, 2018 (BSS) – Bangladesh Bank (BB) today signed Master Facility Agreements (MFA) with three commercial banks to enlist them as participating financial institutions (PFI) under the Investment Promotion and Financing Facility II (IPFF II) project.
Under the agreements, the three banks – Bank Asia Limited, Brac Bank Limited and Trust Bank Limited – have been enlisted as PFI in this phase under IPFF II.
BB Deputy Governor and Project Director of IPFF II Project Ahmed Jamal was the chief guest at the agreement signing function at BB conference room in the city, said a press release.
BB Deputy General Manager Rathin Kumar Paul chaired the function while Senior Financial Sector Specialist of the World Bank AKM Abdullah and BB senior officials, among others, were present.
In the first phase, MFA was signed with eight banks and four financial institutions.