BB signs refinancing scheme deal with Union Capital
Wednesday, 7 April 2010
Bangladesh Bank (BB) has signed a refinancing scheme deal with Union Capital Limited (UCL) for developing housing sector.
BB General Manager (SME and SPD Department) Sukamal Sinha Choudhury and UCL Managing Director and Chief Executive Officer (CEO) Saifuddin M Naser signed the agreement on behalf of their respective organisations.
Under the deal, UCL will be able to provide home loan at 9.0 per cent interest rate of BB housing sector refinancing scheme.
Customers will be benefited through this scheme as they will be getting facility at a lower interest rate, mainly targeted to lower and middle class income group.
Also present, among others, at the signing ceremony were BB deputy general managers Sk Azizul Haque and Ranendra Narayan Choudhury and UCL Executive Vice President (EVP) and Company Secretary Mushfiq Ul Quayoom and SVP and Head of Business Abul Munim Khan.
The signing ceremony was held at BB conference room.
BB General Manager (SME and SPD Department) Sukamal Sinha Choudhury and UCL Managing Director and Chief Executive Officer (CEO) Saifuddin M Naser signed the agreement on behalf of their respective organisations.
Under the deal, UCL will be able to provide home loan at 9.0 per cent interest rate of BB housing sector refinancing scheme.
Customers will be benefited through this scheme as they will be getting facility at a lower interest rate, mainly targeted to lower and middle class income group.
Also present, among others, at the signing ceremony were BB deputy general managers Sk Azizul Haque and Ranendra Narayan Choudhury and UCL Executive Vice President (EVP) and Company Secretary Mushfiq Ul Quayoom and SVP and Head of Business Abul Munim Khan.
The signing ceremony was held at BB conference room.