The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group has arranged a Syndicated Murabaha Financing Facility of US$ 40 million for Prime Bank Limited, Bangladesh. The financing facility will support the growing trade business of Prime Bank for SME and Corporate segments, reads a
Tag: ITFC
Prime Bank, ITFC sign deal
Prime Bank has signed a Master Murabaha agreement with International Islamic Trade Finance Corporation (ITFC), a member organization of Islamic Development Bank (IsDB), a press release said Monday. Under this agreement, ITFC will provide trade facility against letter of credit issued by the bank. This is a 3-year facility extended
ITFC workshop focuses Islamic Finance Products
International Islamic Trade Finance Corporation (ITFC)has organized a two-day workshop onthe trends and developments in Islamic finance products and services, particularly those related to trade finance. Held in Gazipuron Saturday (December 11) the workshop aimed at supportingBangladesh’s initiative to enhance the knowledge and understanding of itsfinancial institutions on Islamic Finance products