First Security Islami Bank Ltd. signed an agreement with Bangladesh Bank (BB) under refinance scheme for investment in Cottage, Micro, Small and Medium Enterprises (CMSME) sector, a press release said Wednesday. Under the deal, FSIBL will disburse lloans among these sectors on easy terms and low profit rate. The manufacturing and service sectors will be given priority. Syed Waseque Md Ali, Managing Director of FSIBL, and Md. Jaker Hossain, Director, SME and Special Programs Department of BB signed the agreement on behalf of their respective institutions in the presence of BB Governor Abdur Rouf Talukder. Abu Farah Md. Nasser, Deputy Governor of Bangladesh Bank along with other officials also present in the program held at Bangladesh Bank Head Office.
