Dhaka, Bangladesh (BBN)- The central bank of Bangladesh and International Islamic Trade Finance Corporation (ITFC) have signed two agreements to finance Bangladesh Petroleum Corporation (BPC) to import fuel oil.
Bangladesh Bank (BB) Governor Atiur Rahman and ITFC chief executive officer (CEO) Waleed Al-Wohaid on Sunday signed the deals on behalf of the respective sides at the office of governor, officials said.
The deals are Framework Mudaraba agreement involving US$ 1.0 billion and Syndicated Mudaraba Agreement, Operations no-46 involving US$ 300 million.
BBN/SSR/AD-08Apr12-9:40 pm (BST)
