Business

Bangladesh Bank inks agreement with Rupali Bank


Published : 25 Sep 2022 08:55 PM

Rupali Bank Limited signed a ‘Participation Agreement’ with Bangladsh Bank to participate in a re-financing scheme of 1000 crore taka to increase the production of wheat and Corn. 

On Sunday at Bangladesh Bank conference Room, the agreement was signed by Rupali Bank CEO and Managing Director Mohammad Jahangir and Bangladesh Bank Agriculture Credit Deparment Director Md. AbulKalam Azad. 

Among others, Bangladesh Bank Deputy Governor A.K.M SajedurRahman Khan, RupaliBank Limited Deputy General Manager Zebu Sultana and others high official of Bangladesh Bank were present in the occasion.

Under the refinancing scheme, Bangladesh Bank distributes 1000 crore taka in its own source and participatory schedule banks will be implementing to disburse the fund to the farmers.