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Search date: 11-04-2018 Return to current date: Click here

ONE Bank signs deal with IFC

April 11, 2018 00:00:00


M. Fakhrul Alam, Managing Director of ONE Bank Limited poses for a photograph with Wendy Werner, Country Manager of IFC Bangladesh, after signing an agreement with International Finance Corporation (IFC) for the support and funding of International Trade Programme through the ONE Bank's Offshore Banking Units, on behalf of their respective organisations recently

ONE Bank Limited signed an agreement with International Finance Corporation (IFC) for the support and funding of International Trade Programme through the ONE Bank's Offshore Banking Units, according to a statement.

Under the agreement, ONE Bank Limited will receive $30 million from IFC as Working Capital Solutions.

M. Fakhrul Alam, Managing Director of ONE Bank Limited, and Wendy Werner, Country Manager of IFC Bangladesh, signed the agreement on behalf of their respective organisations.

Wakar Hasan, Deputy Managing Director, Mahmoodun Nabi Chowdhury, Deputy Managing Director, ONE Bank Lilmited and Ehsanul Azim, Senior Investment Officer, FI Group, Farjad Siddiqui, Associate Investment Officer, FI Group, IFC along with ONE Bank's high officials were also present in the ceremony.


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