Dutch-Bangla Bank Limited signed a participatory refinance agreement with Bangladesh Bank (BB) under Second Small and Medium Sized Enterprise Development Project (SMEDP-2) at the Bangladesh Bank head office premise on May 7, 2019.
Under this agreement, Dutch-Bangla Bank will get refinance from Bangladesh bank which enables them to extend loan to the cottage, micro, small and medium enterprise situated outside Dhaka and Chattogram metropolitan area with lower interest rate. Mentionable, a customer can avail maximum Tk 30.00 million loan under this scheme.
AKM Fazlur Rahmna, project director of SMEDP-2 and executive director of Bangladesh Bank, and Abul Kashem Md Shirin, managing director and CEO of Dutch-Bangla Bank Limited signed the agreement on behalf of their respective organizations.
Source:
The Finacial Express, May 10, 2019
