Prime Bank has partnered with Bangladesh Bank for providing Bangladesh Bank’s refinance scheme titled “Refinance Scheme against Term Loans to CMSME Sectors”, a press release said Saturday. Under the agreement Prime Bank will be offering CMSMEs loans at only 7 percent interest. The agreement was signed at a ceremony held at Bangladesh Bank head office. Bangladesh Bank has announced the refinance scheme of Tk 25,000 crore for CMSME entrepreneurs. Cluster based CMSMES, women entrepreneurs, entrepreneurs having special requirements and entrepreneurs impacted by any kind of natural calamities and COVID-19 will get priority in availing this facility. The scheme will allow the CMSMEs to avail low-cost fund which will help them to flourish and achieve their utmost potential. Hassan O. Rashid, MD & CEO of Prime Bank & Md Jaker Hossain, Director, SME & special programs department of Bangladesh Bank signed the agreement on behalf of their respective organizations in presence of Abdur Rouf Talukder, Governor of Bangladesh Bank; Abu Farah Md Nasser, Deputy Governor, Bangladesh Bank; and Syed M Omar Tayub, SEVP & Head of MSME Banking Division, Prime Bank.
