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EBL to offer term loan facilities for CMSMEs

Eastern Bank Ltd (EBL) has recently signed an agreement with Bangladesh Bank for providing term loan facilities to Cottage, Small and Medium Enterprises (CMSME) customers at 7percent interest rate, under CMSME Refinance Scheme of the central bank, a press release said Thursday. Ali Reza Iftekhar, MD and CEO,EBL  and Md. Jaker Hossain, Director,  SME and Special Programmes Department (SMESPD), BB signed the agreement on behalf of the respective organisations. Abdur Rouf Talukder, Governor, Abu Farah Md. Nasser, deputy governor, Md Obaidul Hoque, Executive Director, Manoj Kumar Howlader, Director of BB; M. Khorshed Anowar, DMD and head of retail and SME banking, EBL were also present.

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