Bangladesh Bank, Rupali Bank sign agreement
Rupali Bank Limited signed a participatory agreement with the Bangladesh Bank for disbursement of loans under a refinancing scheme worth Tk5,000 crore for food security of the country.
In presence of Bangladesh Bank Governor Abdur Rouf Talukder, Rupali Bank Managing Director and CEO Mohammad Jahangir and Bangladesh Bank Agricultural Credit Department Director Md Abul Kalam Azad signed the agreement on behalf of their respective institutions.
Under this agreement, Rupali Bank will be able to disburse agricultural loans to small, marginal and square farmers at a maximum rate of 4%, reads a press release.
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Deputy Governor AKM Sajedur Rahman Khan, Executive Director Md Anwarul Islam and other senior officials of the central bank were present on the occasion.
