Bank Asia, Swisscontact Bangladesh sign MoU for financing to MSMEs

Bank Asia and Swisscontact Bangladesh signed a Memorandum of Understanding (MoU) for financing and facilitating the growth of Micro, Small and Medium Enterprises (MSMEs) in leather goods, furniture making and light engineering sectors of Bangladesh.

Through this partnership, Bank Asia will utilise its agent banking channel to improve financial literacy and deliver financial services to MSMEs for improving their business processes and leading them towards better efficiency, reports a press release.

Md Arfan Ali, president and managing director of Bank Asia, Suzanne Mueller, head of cooperation at the Embassy of Switzerland in Bangladesh, Dajna Sorensen, team leader of the BSkillFUL programme and Mujibul Cezanne Hasan, country director of Swisscontact Bangladesh along with other officials from both organisations were present during the MoU signing ceremony held at Bank Asia Tower, Karwan Bazar, Dhaka on June 26.