Bangladesh Bank and BRAC Bank have signed an agreement to provide loans under refinancing facilities to the farmers, a press release said Saturday. BB has set up a fund titled ‘Refinance Scheme to ensure Food Security’ amounting to Tk 5,000 crore to be disbursed through the participating banks. Abdur Rouf
Tag: Bangladesh Bank
BB set to announce new monetary policy
Bangladesh Bank (BB) is going to announce a new monetary policy on Sunday in line with the advice of the International Monetary Fund (IMF).Bangladesh requested the IMF for a loan of $4.5 billion last July, and the global lending agency agreed to give it to Bangladesh subject to conditions.Before lending,
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
SJIBL signs refinance deal with BB
Shahjalal Islami Bank Limited has signed an agreement with Bangladesh Bank (BB) recently to provide loans to the agriculture sector at 4 percent rate under a refinance scheme, a press release said Wednesday.In the presence of BB Governor Abdur Rouf Talukder, the Managing Director & CEO of Shahjalal Islami Bank
NBL signs refinance deal with BB
National Bank Limited has signed a participation agreement with Bangladesh Bank (BB) for disbursement of loans under Tk 5000 crore refinancing scheme for the agriculture sector on January 8, 2023, a press release said Wednesday. In the presence of BB Governor Abdur Rauf Talukdar, Managing Director & CEO of National
IBBL signed refinance deal with BB
Islami Bank Bangladesh Limited recently signed an agreement with Bangladesh Bank under agri-refinancing scheme for food security and enhancement of production in agriculture, a press release said Wednesday. In the presence of Abdur Rouf Talukder, Governor and AKM Sajedur Rahman Khan, Deputy Governor of Bangladesh Bank, Mohammed Monirul Moula, Managing
UCB signs deal with BB
United Commercial Bank PLC (UCB) has recently signed an agreement with Bangladesh Bank regarding refinance scheme for agriculture sector, a press release said Tuesday. Under the deal, UCB will provide credit facility to marginal farmers at 4 percent rate of interest. Arif Quadri, MD and CEO of UCB, and Md.
Prime Bank signs deal with BB
Midland Bank signs deal with BB
Midland Bank Limited has signed a participatory agreement with the Bangladesh Bank for disbursement of loans under a refinancing scheme worth Tk 5,000 crore at the latter's headquarters in the city on 8th January 2023, a press release said Tuesday. Abdur Rouf Talukder, Governor of BB, Md. Ahsan-uz Zaman, MD
FSIBL signs deal with BB
Bangladesh Bank and First Security Islami Bank Ltd. (FSIBL) have recently signed an participation agreement under refinance scheme for ensuring food security of the country, a press release said Tuesday. The loans will be distributed to the clients on easy terms and low profit rate. Abdur Rouf Talukder, Governor of