Press Releases

Master Facility Agreement between
Dhaka Bank and Bangladesh Bank


A Signing Ceremony for signing the “Master Facility Agreement” between Dhaka Bank and Bangladesh Bank for participation in the “Investment Promotion and Financing Facility (IPFF)” has been held on October 4, 2007 (Thursday) at Bangladesh Bank.

International Development Association (IDA) and the Government of Bangladesh will provide fund under IPFF to co finance infrastructure development projects like power, port development, Highways and Expressways, Bridges, Airport, Terminals etc.

Mr. Shahed Noman , Managing Director of Dhaka Bank and Mr. Md. Abul Quasem, Executive Director of Bangladesh Bank signed the Agreement on behalf of their respective organization. Among others, Mr. Mohammad Abu Musa, Deputy Managing Director, Mr Mesbah Uddin Ahmed, Assistant Vice President, Mr. Azam Khan, Assistant Vice President (PR) of DBL and Mr. Chowdhury Md. Feroz Bin Alam, Joint Director of Bangladesh Bank were present in the signing ceremony.


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