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24 September, 2020 06:51:58 PM

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IFIC Bank, Bangladesh Shop Owners Association ink MoU

Staff Reporter, Dhaka
IFIC Bank, Bangladesh Shop Owners Association ink MoU

IFIC Bank Limited and Bagladesh Shop Owners Association have inked a memorandum of understanding (MoU) for facilitating sanction of loans to small traders under the Cottage, Micro, Small and Medium Enterprise (CMSME) bailout package announced by the government, said a press release.  

Nurul Hasnat, deputy managing director of IFIC Bank, and Helal Uddin, president of Bangladesh Shop Owners Association, signed the agreement on behalf of their respective organizations at Surma Tower in the capital’s Purana Paltan on Thursday. 
Senior officials from both organisations were present on the occasion.  
Under the MoU, IFIC Bank will provide loan assistance as per Bangladesh Bank's special incentive scheme to registered small business owners of Bangladesh Shop Owners Association who are affected by the COVID-19 pandemic.

HM
 

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Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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