Union Bank Limited(UBL) has signed an agreement with Bangladesh Bank to disburse loans at 7 percent interest rate under the “Refinance scheme against Term Loans to Cottage, Micro, Small and Medium Enterprises (CMSME) Sector,” a press release said Saturday.
Governor of Bangladesh Bank Abdur Rouf Talukder was present at the signing ceremony as the chief guest and Deputy Governor Abu Farah Md. Nasser as special guest. A. B. M. Mokammel Hoque Chowdhury,MD & CEO of Union Bank and Md. Jaker Hossain, director, SME & special programs department of Bangladesh Bank signed the agreement on behalf of their respective organizations. Executive directors of Bangladesh Bank Md. Sirajul Islam and Md. Obaidul Hoque were also present.
