Premier Bank has signed an agreement with SME Foundation to receive revolving fund under the Stimulus Package for distributing among CMS entrepreneurs. Syed Nowsher Ali, Deputy Managing Director of Premier Bank, and Md Mafizur Rahman, Managing Director of SME Foundation, signed the agreement on behalf of their respective organisations at a hotel in the capital recently. Under the agreement, Premier Bank will disburse the allotted fund at 4 percent interest to CMS entrepreneurs across the country’s rural and marginal population to accelerate economic recovery from the Covid-19 pandemic. Sheikh Mohammad Salim Ullah, secretary of Financial Institutions Division (FID), Ministry of Finance, Dr. Md Masudur Rahman, Chairman, SME Foundation, Mr. Mohammed Emtiaz Uddin, SEVP & Head of SME & Agriculture Banking Division of Premier Bank Ltd. and senior officials from other partner banks and NBFI’s were present.
