Modhumoti Bank signs participation agreement with BB

Modhumoti Bank recently signed a participation agreement with the Bangladesh Bank (BB) for a credit guarantee facility. This facility will support women entrepreneurs in small enterprises and the agro-processing industry under a central bank refinance scheme. The signing ceremony was held at the BB headquarters. Md Shafiul Azam, managing director and CEO of Modhumoti Bank, and Nahid Rahman, director of the Credit Guarantee Department of BB, signed the agreement in the presence of Nurun Nahar, deputy governor of BB. Mohammad Jamal Uddin, executive director of BB, and senior officials from both institutions were also present.