Bangladesh Bank and First Security Islami Bank Ltd. recently signed an participation agreement under refinancing scheme for investment in Cottage, Micro, Small and Medium sector.
For the development and enhancement of the country’s cottage, micro, small and medium (CMSME) industries, investment will be distributed among these sectors entrepreneurs on easy terms and low profit rate where manufacturing and service sectors will be given priority.
In the presence of Abdur Rouf Talukder, Governor of Bangladesh Bank, Syed Waseque Md Ali, Managing Director of First Security Islami Bank Ltd. and Md. Jaker Hossain, Director, SME and Special Programs Department of Bangladesh Bank exchanged the agreement on behalf of their respective organizations.
Among others, Abu Farah Md. Nasser, Deputy Governor of Bangladesh Bank along with other officials also present in the program organized in this regard at Bangladesh Bank Head Office.
