Dhaka, Jan. 28 -- Bank Asia PLC has signed an agreement with International Finance Corporation, IFC, a private sector arm of the World Bank Group.

Through this agreement, Bank Asia will receive USD 35 million for capacity building of the MSME sector, according to a press release.

Mr. Sohail R K Hussain, Managing Director of Bank Asia and Mr. Allen Forlemu, IFC Regional Industry Director of the Financial Institutions Group for Asia and the Pacific, exchanged the agreement after signing on behalf of their respective sides.

Additional Managing Directors Mr. Shafiuzzaman and Mr. ANM Mahfuz, SEVP Mr. Zia Arfin of Bank Asia, Mr. Wilfried Tamegnon Manager, Financial Institutions Group, Bangladesh, Nepal and Sri Lanka from IFC among others wer...