Bangladesh, July 22 -- Prime Bank Investment PLC and Abu Dhabi-based Equiline Finance have signed a memorandum of understanding to advance cross-border cooperation on sustainable project financing in Bangladesh.

The agreement was signed on Monday by Salah Al Nasser, Chief Executive Officer of Equiline Finance and Chairman of Faminas Investment Group, and Syed M Omar Tayub, Managing Director and Chief Executive Officer of Prime Bank Investment PLC, in the presence of senior representatives from both organisations, according to a press release.

Prime Bank Investment is a wholly owned subsidiary of Prime Bank PLC and provides investment banking services.

The partnership follows Equiline Finance's announcement of an initial investment int...