9 banks, 5 FIs sign TDF scheme
FE DESK | Friday, 26 February 2021
A refinance scheme of BDT 10 billion in the name of Technology Development Fund/Upgradation (TDF) has been established in Bangladesh Bank.
This fund has been established in conformity of 'Export Policy 2018- 21' with a view to enhancing competitive capacity and sustainability of the export oriented industries.
The Sustainable Finance Department of Bangladesh Bank organized a signing ceremony of the Participation Agreement (PA) of 9 banks and 5 Financial Institutions (FIs) with Bangladesh Bank on Wednesday.
Mr. Ahmed Jamal, Deputy Governor was present in the signing ceremony as the chief guest. Mr. Md. Shahidul Islam, Executive Director, Mr. Khondkar Morshed Millat, General Manager along-with the concerned officials of Sustainable Finance Department were present in the event. General Manager of Sustainable Finance Department on behalf of Bangladesh Bank and the Chief Executives of Eastern Bank Ltd., Mutual Trust Bank Ltd., Mercantile Bank Limited., Southeast Bank Limited., Exim Bank Ltd., The Premier Bank Ltd., NRB Bank Ltd., Bangladesh Krishi Bank, IPDC Finance Ltd., IDLC Finance Ltd., Bangladesh Finance & Investment Co. Ltd., United Finance Ltd. and Infrastructure Development Co. Ltd. signed on behalf of their respective organizations.