US$600m structural reforms loan deal signed with ADB

The Asian Development Bank (ADB) and the government of Bangladesh signed a $600 million policy-based loan (PBL) agreement on Wednesday, aiming to promote structural reforms supporting domestic resource mobilisation and improving the efficiency of public investment projects. The agreement also focuses on developing the private sector, reforming state-owned enterprises and boosting

BGCB signs deal with BB

Bengal Commercial Bank Limited (BGCB) has signed a participation agreement with Bangladesh Bank (BB) in the Tk10, 000 crore Export Facilitation Pre-financing Fund (EFPF) formed by BB, a press release said Monday. Abdur Rouf Talukder, Governor of BB, handed over the agreement document to Tarik Morshed, MD and CEO of

Prime Bank signs deal with BB

Prime Bank has signed an agreement with Bangladesh Bank (BB) recently to disburse loans among exporters from a newly formed Tk 10,000 crore export facilitation pre-finance fund of the central bank, a press release said Saturday. Hassan O. Rashid, MD and CEO of Prime Bank, and Abdur Rouf Talukder, Governor

Permier Bank signs deal with BB

Premier Bank Limited has signed a refinance agreement with Bangladesh Bank against ‘refinance scheme for TK 5000 crore for the agriculture sector,’ a press release said Tuesday. MD and CEO of Premier Bank, M. Reazul Karim, and BB Governor Abdur Rouf Talukder, deputy Governor AKM Sajedur Rahman Khan, and director

BB, BRAC Bank to provide loans to farmers

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

Nagad signs deal with Kurmitola Hospital

Patients of Kurmitola General Hospital now can pay all treatment bills using Nagad, a press release said Friday.  Md Shafayet Alam, executive director of Nagad, and Brigadier General Md Fazlul Kabir, director of Kurmitola General Hospital, signed an agreement in this regard on behalf of their respective organizations at the

Robi signs deal with Green Delta Insurance

Robi has teamed up with the Green Delta Insurance Ltd. to provide insurance coverage to its sales representatives and supervisors of authorized distributors across the country, a press release said Wednesday. The insurance benefits will cover OPD costs, hospitalization, disability and natural and accidental death coverage for distribution house employees.

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

Prime Bank and the Bangladesh Bank have signed an agreement on disbursement of loans under a refinancing scheme worth Tk 5,000 crore for food security of the country, a press release said Tuesday. Hassan O. Rashid, MD and CEO of Prime Bank, and Md. Abul Kalam Azad, director, agriculture credit