Prime Bank exchanges document for 2nd tranche of $50m loan from FMO

Recently, Prime Bank's CEO Hassan O Rashid and CRO & Management Board Member of FMO (Dutch Development Bank) Franca Vossen exchanged the document for the activation of the 2nd tranche of the USD 50 million term loan facility from FMO in an event held at Prime Bank's Head Office, Dhaka, according to a press release.

Prime Bank will lend the fund to SME, agriculture, women, youth, and green projects.

Alessio Crestani, senior investment officer of FMO, and senior officials of Prime Bank were also present on the occasion.