DHAKA: In an exceptional move, the Board of Directors of IFIC Bank Monday decided to offer loans at six percent interest mainly for the safety and prevention of fire incidents in readymade garment (RMG) and other industries.
The decision came in the wake of a series of fire incidents in the RMG industries that took dozens of lives of workers in these industries.
In its 601st meeting, the Board also decided that any interested businessman could avail the loan facility after completing some simple formalities.
They will have to repay the low interest loan within a period of 5 years, Managing Director of IFIC Bank Shah A Sarwar said after the meeting.
Interested businessmen are requested to contact with the Relationship Manager of Motijheel Principal Branch of IFIC Bank for availing the loan facility.
BDST: 2130 HRS, JAN 29, 2012
Edited by: M. Mahbub Alam, Asst Output Editor/ SM Salahuddin, Output Editor
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