BB inks agreements with 14 banks, FIs
Bangladesh Lender (BB) signed on Thursday participation agreements with nine banks and five finance institutions (FIs) to improve competitive potential and sustainability of the export oriented industries.
The Sustainable Finance Department of Bangladesh Bank organized the agreement signing function at BB headquarters in the town, said a press release.
BB Deputy Governor Ahmed Jamal was within the signing ceremony as the principle guest while BB Executive Director Md. Shahidul Islam, BB General Manager Khondkar Morshed Millat along-with the concerned officials of Sustainable Finance Department were within the event.
Standard Manager of Sustainable Finance Department with respect to Bangladesh Lender and the principle Executives of Eastern Bank Ltd, Mutual Trust Lender Ltd, Mercantile Bank Limited., Southeast Lender Limited., Exim Bank Ltd., The Premier Lender Ltd., NRB Lender Ltd., Bangladesh Krishi Lender, IPDC Finance Ltd., IDLC Finance Ltd., Bangladesh Finance & Expenditure Co. Ltd., United Financing Ltd. and Infrastructure Advancement Co. Ltd. Signed with respect to their respective organizations.
A good refinance scheme of Taka 1000 crore in the name of Technology Expansion Fund or Upgradation (TDF) has been established in Bangladesh Lender. This fund possesses been founded in conformity of ‘Export policy 2018- 21’ with a check out to enhancing competitive capacity and sustainability of the export oriented industries.
