NRB Bank signs LTFF agreement with Bangladesh Bank

NRB Bank Ltd, as a participant in the Bangladesh Bank-Long Term Financing Facility (BB-LTFF), has signed a Participating Agreement with Bangladesh Bank (BB). Liza Fahmida, Director of the Financial Sector Support and Strategic Planning Department of the BB, and Md. Omar Faruk Khan, Managing Director & CEO (CC) of NRB Bank, signed the agreement at the BB's headquarters in Dhaka on Tuesday. BB-LTFF would be funded by Bangladesh Bank to continue providing long-term financing for private sector firms, mainly the export-oriented manufacturing (small, medium and large) firms in US dollars. Dr. Md. Habibur Rahman, Deputy Governor of the central bank, Debdulal Roy and Husne Ara Shikha, Executive Directors, and Md. Shakir Amin Chowdhury, Deputy Managing Director of NRB Bank, were present on the occasion.