ONE Bank Limited signed an agreement with Bangladesh Bank (BB) under 'Investment Promotion and Financing Facility (IPFF)' at Bangladesh Bank’s head office recently.

Under the deal, ONE Bank Limited will enjoy financing facility from the World Bank, administered by BB, for extending credit facilities to infrastructural projects, said a press release.

Farman R Chowdhury, managing director of ONE Bank and SK Sur Chowdhury, executive director of Bangladesh Bank signed the deal on behalf of their respective sides.

ONE Bank’s deputy managing director Johora Bebe, senior executive vice president (SEVP) Rozina Aliya Ahmed, executive vice president (EVP) Shabbir Ahmed, vice president for syndication and structured finance unit Md Abu Saleh, and joint director Husne Ara Shikha and deputy director of IPFF cell of BB Goutam Kumar Ghosh, among others, were also present.

The Daily Sun/Bangladesh/ 18th Jan 2012