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Prime Bank signs refinance deal with BB

Prime Bank has signed an agreement with Bangladesh Bank for loans under a scheme titled ‘Refinance Scheme for Digital Nano Loan,’ a press release said Friday. Hassan O. Rashid, MD and CEO of Prime Bank and Jayasree Bagchi, director, financial inclusion department of BB, signed the agreement on behalf of their respective organizations at at Kazemi Centre of BB recently. Under the agreement, Prime Bank will receive refinancing from BB against digitally disbursed nano loans.  BB has announced the refinance scheme of Tk 100 crore against digital nano loans with an aim to expand the financial inclusion of marginalized population of the country. Md. Abul Bashar, executive director, BB; Md. Iqbal Mohsin, additional director, BB; ANM Mahfuz, DMD and CBO, consumer banking, Prime Bank, were also present.

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