Bank Asia signs master facility agreement with BB on IPFF II

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FE Team | Published: October 21, 2018 22:32:23

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Bank Asia, as the Participating Financial Institution (PFI), has signed a Master Facility Agreement with Bangladesh Bank for availing funds from Investment Promotion and Financing Facility II (IPFF II) Project.
Total size of the project, co-sponsored by the People's Republic of Bangladesh and International Development Association (IDA) is USD 416.70 million (Tk. 32.79 billion) out of which USD 13 million (Tk. 1.02 billion) for Technical Assistant and USD 403 million (Tk. 31.77 billion) for long-term financing.