Dhaka, April 27 -- City Bank PLC and Water.org have launched a significant two-year partnership initiative in Bangladesh to expand access to safe water and sanitation through innovative MSME financing and community engagement.

Under this initiative, small and medium entrepreneurs in remote areas will be able to access loans at low interest rates and on easy terms, according to a press statement.

Under the recently signed agreement, City Bank PLC will provide Tk 200 crore in financing for Micro, Small and Medium Enterprises (MSMEs) and Microfinance Institutions (MFIs) operating in the Water, Sanitation and Hygiene (WASH) sector. In addition, capacity-building training will be arranged for WASH entrepreneurs, along with courtyard meetings...