BRAC Bank signs $50m loan deal with DEG

BRAC Bank Limited has signed a USD 50 million loan agreement with DEG (Deutsche Investitions-und EntwicklungsgesellschaftmbH) to support SMEs, a press release said Wednesday. DEG is a German development finance institution supporting private enterprises operating in developing and emerging-market countries. BRAC Bank will use these funds to provide loans to local micro,

IBBL signed refinance deal with BB

Islami Bank Bangladesh Limited recently signed an agreement with Bangladesh Bank under agri-refinancing scheme for food security and enhancement of production in agriculture, a press release said Wednesday. In the presence of Abdur Rouf Talukder, Governor and AKM Sajedur Rahman Khan, Deputy Governor of Bangladesh Bank, Mohammed Monirul Moula, Managing

Robi signs deal with Green Delta Insurance

Robi has teamed up with the Green Delta Insurance Ltd. to provide insurance coverage to its sales representatives and supervisors of authorized distributors across the country, a press release said Wednesday. The insurance benefits will cover OPD costs, hospitalization, disability and natural and accidental death coverage for distribution house employees.

IVF distributes winter clothes among cold-hit people

International Voluntary Foundation (IVF) distributed blankets among the cold-hit poor and helpless people to alleviate the suffering in the current cold weather January 9, a press release said Wednesday. IVF distributed these blankets among 300 poor people in 13 villages of four unions under Rajbari and Faridpur districts. Distribution of blankets was

DIU scout group distributes winter clothes

Daffodil International University (DIU) Air Rover Scout Group has distributed winter clothes among about 200 extremely poor and destitute families at Mallikpur inJaipurhat district on 10 January 2023, a press release said Wednesday. A 6-member rover team including Rover Scout Leader Farhana Rahman Setu, Assistant Director of the University and Rover

TCB starts selling essentials to 1cr families

The state-run Trading Corporation of Bangladesh (TCB) has resumed a campaign to sell essential items at a discounted price to some one crore low-income families for the current month of the year.Commerce Minister Tipu Munshi inaugurated the drive at a TCB dealer shop in the capital's Agargaon Tuesday. Senior Commerce