Md. Abul Quasem, Deputy Governor of Bangladesh Bank and Project Director, and Mohammed Nasir Uddin Chowdhury, Managing Director of LankaBangla Finance Limited, exchange documents after signing an agreement at BB Head Office in Dhaka recently.

LankaBangla Finance Limited signed a Master Facility Agreement (MFA) as a participating Financial Institution (PFI) in the Investment Promotion and Financing Facility (IPFF) Project run under the Bangladesh Bank.

Under the agreement, LankaBangla Finance will enjoy financing facility from the World Bank administered by Bangladesh Bank, for extending credit facilities to infrastructure projects under Public Private Partnership (PPP).

Md. Abul Quasem, Deputy Governor of Bangladesh Bank and also Project Director and Mohammed Nasir Uddin Chowdhury, Managing Director of LankaBangla Finance Limited signed the agreement on behalf of their respective organisations at Bangladesh Bank Head Office recently, said a press release.

Husne Ara Shikha, Deputy General Manager and Deputy Project Director of Bangladesh Bank, Quamrul Islam, Senior Vice President and Head of Treasury and FIs of LankaBangla Finance Limited with other officials from both the organisations were present at the occasion.