Bank Asia, Swisscontact team up to facilitate MSMEs

Bank Asia and Swisscontact Bangladesh signed a Memorandum of Understanding (MoU) at Bank Asia Tower, Karwan Bazar, Dhaka, on Sunday.

Under the MoU, both the organisations will work for financing and facilitating the growth of Micro, Small and Medium Enterprises (MSMEs) in leather goods, furniture making and light engineering sectors in Bangladesh, said a statement.

Through the partnership, Bank Asia will utilise its agent banking channel to improve financial literacy and deliver financial services to MSMEs to improve their business processes and lead them towards better efficiency.

Bank Asia President and Managing Director Md Arfan Ali, Suzanne Mueller, Head of Cooperation at the Embassy of Switzerland in Bangladesh, Dajna Sorensen, Team Leader of the B-SkillFUL programme and Mujibul Cezanne Hasan, Country Director of Swisscontact Bangladesh, along with other officials from both organisations, were present in the programme.