Agreement signed between BB, Modhumoti bank under refinance scheme

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Agreement signed between BB, Modhumoti bank under refinance scheme

Modhumoti Bank PLC has signed an agreement with Bangladesh Bank for participating in Tk. 3,000 crore Refinance Scheme for Creating Agriculture Based Economic Hub in Northern part of the Country. The signing ceremony was held at the Head Office of Bangladesh Bank on Monday, August 31, 2026, and was chaired by Dr. Md. Kabir Ahmed, Honorable Deputy Governor of Bangladesh Bank.

Mr. Shahnawaj Chowdhury, Managing Director (Current Charge) of Modhumoti Bank PLC, and Mr. A.K.M Sayduzzaman, Director of ACD-2, signed the agreement on behalf of their respective organizations. Among others present at the ceremony were Mr. Arief Hossain Khan, Executive Director of Bangladesh Bank, Mr. Arab Fazlur Rahman, Deputy Managing Director & Chief Business Officer and Mr. Zahid Al Muntasir, Head of CMSME Business Support from Modhumoti Bank PLC.

Through this agreement, Modhumoti Bank PLC will be able to extend financing facilities to the customers of North Bengal region of the country at a concessional interest rate of 7% p.a. under the refinance schemes of Bangladesh Bank, which will help Creating Agriculture Based Economic Hub in Northern part of the Country.

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