Dhaka Bank, Swisscontact to work for garment workers

Dhaka Bank recently signed a memorandum of understanding (MoU) with the "Sarathi-Improving Financial Health" project of Swisscontact, which is jointly funded by the MetLife Foundation, the Happel Foundation, and Swisscontact.

AMM Moyen Uddin, deputy managing director of the bank, and Bipasha S Hossain, team leader of Sarathi at Swisscontact, signed the MoU at the former's head office in Dhaka, said a press release.

Under the MoU, the bank and Sarathi aim to increase access to savings and loans, promote responsible financial management, and contribute to the overall wellbeing of readymade garment workers and their communities.

Mosleh Saad Mahmud, executive vice-president of the bank, and Salma Akhter, manager for partnerships and advocacy at Sarathi, along with other representatives were present.