Dhaka, April 22 -- A Memorandum of Understanding (MoU) has been signed between Al-Arafah Islami Bank and Bangladesh Investment Development Authority (BIDA) to increase domestic and foreign investment and facilitate a business-friendly environment.

According to a press release, the MoU was signed at a ceremony held at BIDA Conference Room recently.

Managing Director and CEO of the Bank Mohd. Rafat Ullah Khan and Director General of BIDA Investment Promotion Jiban Krishna Saha Roy signed the agreement on behalf of their respective organizations. The ceremony was presided over by BIDA Executive Member Air Commodore Md. Shaharul Huda.

Under this MoU, investors will be able to avail important services including opening bank accounts online ...