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BRAC Bank signs deal with BB

BRAC Bank has signed a participation agreement with Bangladesh Bank (BB) to avail Export Facilitation Pre-finance Fund (EFPF), a press release said Tuesday. BB has formed Tk 10,000 crore EFPF fund for exporters to continue developing and expanding export-oriented industries. BB Governor, Abdur Rouf Talukder, handed over the agreement document to BRAC Bank MD and CEO, Selim R. F. Hussain at BB on January 30, 2023. BB Deputy Governor, Abu Farah Md. Nasser, director of banking regulations and policy department Maqsuda Begum, were also present.

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