PPP financing programme

MoU signed with 14 banks, NBFIs

Finance minister AMA Muhith yesterday said the future is bright of Public Private Partnership (PPP) programme as PPP authority has launched PPP Financing Programme through signing a Memorandum of Understanding (MoU) with 14 bank and non-banking financial institutions (NBFIs).

“The financing crisis for PPP project will remove as 14 banks and non banking financial institute came forward in this regard,” he added while speaking at MoU signing programme at a city hotel. The PPP authority singed MoU aiming to ensure easy access to financing for the PPP projects and to shorten the timeframe for achieving financial close. 
Principal Secretary of the Prime Minister’s office and the Chairman of PPP Authority Abul Kalam Azad, secretary of Bank and Financial Institutions Division Eunusur Rahman, and Chairman for Association of bankers Anis A Khan addressed the programme. 
Syed Afsor H Uddin, CEO, PPP Authority, signed MoU with the managing directors and CEOs of the partner institutions. 
Some 14 Banking and non-banking financial institutions that has signed the MoU are-AB Bank Ltd, BIFFL, BRAC EPL Investments Ltd, City Bank Capital Ltd, Dhaka Bank Ltd, Green Delta Capital Ltd, IDLC Finance LTD, IDCOL, IIDFC, Modhumoti Bank Ltd, Mutual Trust Bank Ltd, Riverstone Capital Ltd, The City Bank Ltd and Trust Bank Ltd.

PPP financing programme

MoU signed with 14 banks, NBFIs

Finance minister AMA Muhith yesterday said the future is bright of Public Private Partnership (PPP) programme as PPP authority has launched PPP Financing Programme through signing a Memorandum of Understanding (MoU) with 14 bank and non-banking financial institutions (NBFIs). The financing crisis for PPP project will remove as 14 banks and non banking financial institute came forward in this regard, he added while speaking at MoU signing programme at a city hotel. The PPP authority singed MoU aiming to ensure easy access to financing for the PPP projects and to shorten the timeframe for achieving financial close. Principal Secretary of the Prime Ministers office and the Chairman of PPP Authority Abul Kalam Azad, secretary of Bank and Financial Institutions Division Eunusur Rahman, and Chairman for Association of bankers Anis A Khan addressed the programme. Syed Afsor H Uddin, CEO, PPP Authority, signed MoU with the managing directors and CEOs of the partner institutions. Some 14 Banking and non-banking financial institutions that has signed the MoU are-AB Bank Ltd, BIFFL, BRAC EPL Investments Ltd, City Bank Capital Ltd, Dhaka Bank Ltd, Green Delta Capital Ltd, IDLC Finance LTD, IDCOL, IIDFC, Modhumoti Bank Ltd, Mutual Trust Bank Ltd, Riverstone Capital Ltd, The City Bank Ltd and Trust Bank Ltd.