FSIBL signs refinance deal with BB

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

IPDC receives appreciation from BB

IPDC Finance has been appreciated at the 9th Annual Banking Conference for receiving sustainability recognition from Bangladesh Bank in both 2020 and 2021, a press release said Sunday. Mominul Islam, MD and CEO of IPDC Finance has received the crest in presence of Dr. Md. Akhtaruzzaman, director general, BIBM, florian

Directors should stay away from banks’ operations: BB Governor

Directors should not interfere with the operations of banks to ensure proper management, says Bangladesh Bank Governor Abdur Rouf Talukder. If they intervene in matters outside their purview, it will only harm the institutions, he said at the opening ceremony of the Annual Banking Conference, organised by the Bangladesh Institute of

UBL signs refinance deal with BB

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

Prime Bank signs refinance deal with BB

Prime Bank has partnered with Bangladesh Bank for providing Bangladesh Bank’s refinance scheme titled “Refinance Scheme against Term Loans to CMSME Sectors”, a press release said Saturday. Under the agreement Prime Bank will be offering CMSMEs loans at only 7 percent interest. The agreement was signed at a ceremony held

DBBL signs refinance deal with BB

Dutch-Bangla Bank Limited (DBBL) has signed a participatory refinance agreement with Bangladesh Bank under “Refinance Scheme against Term Loan to CMSME Sector” at the Bangladesh Bank Head Office on 24 August, 2022, a press release said Friday. The Governor of Bangladesh Bank Abdur Rouf Talukder attended the signing ceremony as

IPDC signs refinance deal with BB

IPDC Finance has signed an agreement with Bangladesh Bank (BB) to avail its refinance facility for lending to Cottage, Micro, Small and Medium Enterprises (CMSMEs), a press release said Thursday. Governor of Bangladesh Bank, Abdur Rouf  Talukder; Md. Jaker Hossain, director, SME & Special programmes department of BB and Mominul

Midland Bank signs refinance deal with BB

Midland Bank Limited (MBL) has signed an agreement with Bangladesh Bank to disburse CMSME term loans for up to 5 years at 7percent interest under the CMSME refinancing scheme of the central bank, a press release said Thursday. The signing ceremony was held on 24th August 2022 at Jahangir Alam

Pubali Bank signs refinance deal with BB

Pubali Bank Limited has signed an agreement with Bangladesh Bank to avail refinance facility against term loans to entrepreneurs in the Cottage, Micro, Small & Medium Enterprises (CMSME) sector, a press release said Thursday. Safiul Alam Khan Chowdhury, MD and CEO of Pubali Bank Limited and Md. Zaker Hossain, director,

UCB signs refinance deal with BB

United Commercial Bank Ltd (UCB) recently signed an agreement with Bangladesh Bank for providing Term Loan Facilities to CMSME Customers at 7 percent interest rate under CMSME Refinance Scheme, a press release said Wednesday.  Arif Quadri, Managing Director & CEO of UCB and Md. Jaker Hossain, Director, SMESPD, BB, signed