MODHUMOTI BANK SIGNS AGREEMENT WITH PKSF

Modhumoti Bank PLC has signed an agreement with Palli Karma-Sahayak Foundation (PKSF) to avail credit guarantee services under the Credit Enhancement Scheme (CES). Md. Shafiul Azam, Managing Director & CEO of Modhumoti Bank, and Md. Hasan Khaled, Deputy Managing Director of PKSF, signed the agreement in presence of Md. Fazlul Kader, Managing Director of PKSF, at the PKSF Bhaban-1 in Dhaka on Monday. Under this agreement, Modhumoti Bank will extend credit facilities to the CES-enlisted Partner Organisations (POs) of PKSF. PKSF will provide a credit guarantee for the credit facilities extended by the bank to the enlisted microfinance institutions (MFIs).