Mutual Trust Bank Ltd (MTB), as a participant in the Investment Promotion and Financing Facility (IPFF), has signed a Master Facility Agreement with Bangladesh Bank.

Bangladesh Bank Executive Director S K Sur Chowdhury and MTB managing director and CEO Anis A Khan signed the agreement on behalf of their respective organisations at Bangladesh Bank Head Office on Tuesday, said a press release.

Bangladesh Bank’s joint director Hosne Ara Shikha, deputy director Rathin Kumar Paul, MTB deputy managing director Md Ahsan-uz Zaman, vice president Monzur Hassan and other officials of both the organisations were present at the occasion.

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

Source: Daily Sun