Mercantile Bank and ITFC signed Master Murabaha Agreement
March 09, 2023 00:00:00
Mercantile Bank Limited and the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, have signed a Master Murabaha Agreement at The Westin, Dhaka recently. The agreement was signed by Md. Quamrul Islam Chowdhury, managing director and CEO of MBL, and Nazeem Noordali, chief operating officer of ITFC. According to the agreement, ITFC will facilitate the cross-border trade transactions of the SME clients of MBL.