AGD Bank Ltd signs second MMK2 Billion Funding Agreement with Mahar Bawga Finance Company Limited
AGD Bank Ltd would like to announce the second signing of a Loan Agreement with Mahar Bawga Finance Company Limited (MBF).
The agreement was approved on July 17th in Yangon, Myanmar as part of AGD’s commitment to support the expansion of MBF across the country.
U Pyi Soe Htin, Chief Business Officer, AGD Bank Ltd, says “We are delighted to announce the second signing of this loan agreement with Mahar Bawga Finance Company Limited. AGD Bank continues to support the development of MFIs and NBFIs. This increasingly shows the Bank’s initiative to promote financial inclusion in Myanmar.”
The purpose of the funding agreement is to develop and grow the MFI and NBFI sector throughout Myanmar via Mahar Bawga Finance Company Limited.