DBBL, BB sign deal for participation in IPFF
Thursday, 14 June 2007
FE Report
Dutch-Bangla Bank Limited (DBBL) signed a master facility agreement project 'Investment Promotion and Financing Facility (IPFF)' with Bangladesh Bank (BB) at the latter's office in the city Tuesday.
DBBL Managing Director Md Yeasin Ali and BB Project and Executive Director Md Abul Quasem signed the agreement on behalf of the respective organisations.
The five-year IPFF project will be implemented with funds to be provided by the Bangladesh government and World Bank for development of infrastructure through the government-approved private participation.
DBBL Deputy Managing Director (Administration) KS Tabrez, Deputy Managing Director (Operations) Ghulam Kabir and Senior Executive Vice President Muhammed Shahidul Islam and BB Joint Director Chowdhury Md Feroz Bin Alam were present, among others, on the occasion.
Dutch-Bangla Bank Limited (DBBL) signed a master facility agreement project 'Investment Promotion and Financing Facility (IPFF)' with Bangladesh Bank (BB) at the latter's office in the city Tuesday.
DBBL Managing Director Md Yeasin Ali and BB Project and Executive Director Md Abul Quasem signed the agreement on behalf of the respective organisations.
The five-year IPFF project will be implemented with funds to be provided by the Bangladesh government and World Bank for development of infrastructure through the government-approved private participation.
DBBL Deputy Managing Director (Administration) KS Tabrez, Deputy Managing Director (Operations) Ghulam Kabir and Senior Executive Vice President Muhammed Shahidul Islam and BB Joint Director Chowdhury Md Feroz Bin Alam were present, among others, on the occasion.