NCC Bank signs agreement with Bangladesh Bank to facilitate CMSME sector
NCC Bank Limited has signed a "Participatory Agreement" with Bangladesh Bank to disburse loans at a 7% interest rate under the refinance scheme of Tk25,000 crore against term loan facilities in the Cottage, Micro, Small & Medium Enterprise (CMSME) sector.
The agreement was signed at a ceremony held at Bangladesh Bank head office in Dhaka where officials from both organisations were present, reads a press release.
NCC Bank Additional Managing Director Khondoker Nayeemul Kabir, and Director, SME & Special Programs Department of Bangladesh Bank Md Jaker Hossain signed the agreement on behalf of their respective organisations.
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Bangladesh Bank Governor Abdur Rouf Talukder graced the signing ceremony as the chief guest.
Among others, Deputy Governor Abu Farah Md Nasser, Executive Director Md Obaidul Hoque, and VP & Head of CMSME Division of NCC Bank Md Sulaiman- Al- Raji were present on the occasion.
