Garment supplier factories to support the implementation of the reform program of the Alliance for North American buyers, Bangladesh Workers' Safety Alliance (the
Alliance), the first time the International Finance Corporation (IFC) has signed a Memorandum of Understanding. As a result of IFC's US $ 10 million in each of the 5 commercial banks will provide a total of $ 50 million.
Moderate loan-interest loans from the clothing industry, the organizers took the opportunity to pay in 3 to 5 years. Alliance circulated a statement on the official website said on Tuesday.
