IFIC Bank PLC and Swisscontact, an independent non-profit development organization have formalized a collaboration to uplift entrepreneurs from char areas in northern Bangladesh. The Memorandum of Understanding (MoU) was signed on May 7th, 2024, at IFIC Tower.
Ms. Ferdousi Begum, IFIC Bank's Head of SME & Retail Product, and Mr. Abdul Awal, Team Leader of Swisscontact's Making Markets Work for the Jamuna, Padma, and Teesta Chars (M4C) Project, inked the MoU, marking the beginning of a strategic alliance.
The ceremony was attended by top officials from both organizations, including Mr Sudhangshu Shekhar Biswas, Government Relations Advisor, M4C Project, Swisscontact and The independent director of IFIC Bank PLC, Mr Shah A Sarwar, MD & CEO of IFIC Bank, Ms Syeda Zinia Rashid, Senior Programme Officer, Embassy of Switzerland.
This partnership aims to leverage IFIC Bank's financial services, including the IFIC Shohoj Account and IFIC Shohoj Rin, to advance gender equality and inclusive development.