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Opening of Midas Financing Ltd tomorrow

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  March 3, 2000.

A non-bank financial institution named ‘Midas Financing Limited’ will be inaugurated at Midas premised at House-5. Road 16 (old 27), Dhanmondi, in the city on Saturday.

S A M S Kibria, Finance Minister will be the chief guest where Professor Abu Sayeed, State Minister for Information will be the special guest on the occasion, says a press release. 

Midas Financing Limited has been awarded license by Bangladesh Bank to operate as a non-bank financial institution under the Financial Institutions Act 1993. 

Midas Financing Limited will take over the enterprise-financing role with access to fund from other sources to provide loans to existing and potential entrepreneurs on a larger scale.

Source: The Daily Star


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