MIDAS, BRAC sign term-loan deal
Wednesday, 22 August 2007
FE Report
MIDAS Financing Limited (MFL) signed a term-loan agreement with BRAC in the city recently.
MFL Managing Director (CC) Md Golam Sarwar Bhuiyan and BRAC Director (Finance) SN Kairy signed the term-loan agreement on behalf of their respective organisations.
Under the deal, MFL will extend term-loan facility of Tk 200 million to BRAC for financing its micro-credit programme.
Senior officials of both the companies were also present on the occasion.
MIDAS Financing Limited (MFL) signed a term-loan agreement with BRAC in the city recently.
MFL Managing Director (CC) Md Golam Sarwar Bhuiyan and BRAC Director (Finance) SN Kairy signed the term-loan agreement on behalf of their respective organisations.
Under the deal, MFL will extend term-loan facility of Tk 200 million to BRAC for financing its micro-credit programme.
Senior officials of both the companies were also present on the occasion.