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Rahel Ahmed, a banker of two decades, joins Nagad as CEO

News Desk,
bdnews24.com
Published: 07 Feb 2021 04:08 PM BdST
Updated: 07 Feb 2021 04:08 PM BdST
Rahel Ahmed, the former managing director and CEO of Prime Bank Ltd, has joined Bangladesh Post Office’s digital financial service Nagad as its chief executive officer.
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Prior to joining the mobile money company, Ahmed served Prime Bank for three years, leading its management team. He was also the deputy managing director and deputy CEO of the bank and had played a key role in the digitalisation of the bank, Nagad said in a statement on Sunday.
He has had more than two decades of experience in the banking industry at home and abroad. He was commended for pioneering a collateral-free loan in the information and communication technology industry in Bangladesh, according to the statement. ....

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International Islamic Trade Finance Corporation (ITFC) and Prime Bank Sign US$15 million Murabaha Financing Facility to support SMEs in Bangladesh - Afrik-news.com : Africa news, Maghreb news

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IsDB) Group, has approved a US$15 million Murabaha Financing Facility in favour of Prime Bank Limited, Bangladesh to facilitate cross-border import transactions of the bank’s private sector businesses, particularly SMEs.
Prime Bank and ITFC signed the financing agreement to boost the rebounding of SMEs in readiness to the return to growth post pandemic. ITFC is continuously expanding its financing outreach to the private sector through local banks in Bangladesh. The financing comes at a critical time as SMEs in Bangladesh and other OIC member countries are currently recovering from the economic effects of the coronavirus pandemic. ....

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International Islamic Trade Finance Corporation (ITFC) / Press release | International Islamic Trade Finance Corporation (ITFC) and Prime Bank Sign US$15 million Murabaha Financing Facility to support SMEs in Bangladesh

International Islamic Trade Finance Corporation (ITFC) and Prime Bank Sign US$15 million Murabaha Financing Facility to support SMEs in Bangladesh
ITFC’s partnership will enable one of Bangladesh’s top tier financial institutions to provide Islamic financing to SMEs
DHAKA, People s Republic of Bangladesh, January 26, 2021/APO Group/
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank (IsDB) Group, has approved a US$15 million Murabaha Financing Facility in favour of Prime Bank Limited, Bangladesh to facilitate cross-border import transactions of the bank’s private sector businesses, particularly SMEs.
Prime Bank and ITFC signed the financing agreement to boost the rebounding of SMEs in readiness to the return to growth post pandemic. ITFC is continuously expanding its financing outreach to the private sector through local banks in Bangladesh. The financing comes at a critical time as SMEs i ....

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