Prime Bank signs participation deal with BB
Friday, 5 November 2010
FE Report
Prime Bank signed a participation agreement with Bangladesh Bank for availing refinance facilities under rural based agri product processing industries.
Bangladesh Bank General Manager (SME and Special Programme Department) Sukamal Sinha Choudhury and Prime Bank Limited Managing Director M Ehsanul Haque signed the agreement on behalf of their respective organisations in the city recently, said a press release.
Prime Bank Deputy Managing Director Isbahul Bar Chowdhury and Senior Executive Vice President Sawkat Hossain and other high officials of Bangladesh Bank were present at the signing ceremony.
So far 14 banks and 15 non banking financial institutions have signed participation agreement with Bangladesh Bank under the scheme. Bangladesh Bank has already disbursed Tk 1.0 billion under the refinance scheme for establishing rural-based Agri product processing industries.
Prime Bank signed a participation agreement with Bangladesh Bank for availing refinance facilities under rural based agri product processing industries.
Bangladesh Bank General Manager (SME and Special Programme Department) Sukamal Sinha Choudhury and Prime Bank Limited Managing Director M Ehsanul Haque signed the agreement on behalf of their respective organisations in the city recently, said a press release.
Prime Bank Deputy Managing Director Isbahul Bar Chowdhury and Senior Executive Vice President Sawkat Hossain and other high officials of Bangladesh Bank were present at the signing ceremony.
So far 14 banks and 15 non banking financial institutions have signed participation agreement with Bangladesh Bank under the scheme. Bangladesh Bank has already disbursed Tk 1.0 billion under the refinance scheme for establishing rural-based Agri product processing industries.