CITY BANK, WATER.ORG LAUNCH JOINT INITIATIVE FOR SAFE WATER, SANITATION

CITY BANK, WATER.ORG LAUNCH JOINT INITIATIVE FOR SAFE WATER, SANITATION

City Bank and Water.org launched a two-year partnership initiative in Bangladesh to expand access to safe water and sanitation through innovative MSME financing and community engagement. Under this initiative, small and medium entrepreneurs in remote areas will be able to access loans at low interest rates and on easy terms. City Bank will provide Tk 2 billion in financing for micro, small and medium enterprises (MSMEs) and microfinance institutions operating in the water, sanitation and hygiene sector. The event was graced by State Minister for Water Resources Forhad Hossain Azad, MP, as the chief guest.