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Business & Economy

International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, has announced the extension of its Murabaha Trade Finance Facility to US$ 45 million for City Bank under a syndicated arrangement. The signing ceremony held at City Bank Head Office. Mashrur Arefin, MD & CEO of City Bank and Nazeem Noordali, COO of ITFC, Abdul Aleem – Division Manager Asia & Middle East, Iftekhar Alam, Regional Manager – South & Southeast Asia of ITFC, Sheikh Muhammad Maroof and Md. Mahbubur Rahman both ADMs were also present at the occasion.