Community Bank joins Bangladesh Bank TDF refinancing scheme
Community Bank Bangladesh PLC has signed a participatory agreement with Bangladesh Bank to facilitate access to concessional financing under the Technology Development Fund (TDF) Refinancing Scheme.
The agreement, signed with Bangladesh Bank's Sustainable Finance Department, aims to support technology upgradation, innovation, and sustainable industrial development, particularly in export-oriented and import-substituting industries. Under the TDF Refinancing Scheme, eligible enterprises will be able to obtain long-term financing at reduced interest rates through participating financial institutions.
The agreement was signed and exchanged at the Bangladesh Bank's Sustainable Finance Department.
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Chowdhury Liakat Ali, Director of the Sustainable Finance Department at Bangladesh Bank, and Kimiwa Saddat, Managing Director (current charge) of Community Bank Bangladesh PLC, signed the agreement on behalf of their respective institutions.
Also present at the signing ceremony were Mohammad Abu Alam Mohasin, Additional Director, and Sazib Kumar Das, Joint Director of the Sustainable Finance Department at Bangladesh Bank. Hossain-Al-Safeer Chowdhury, Head of SME, and Sharif Hasan Mamun, Head of Agriculture at Community Bank Bangladesh PLC, along with other senior officials of Bangladesh Bank, also attended the event.
