BB Janata Bank Sign Tk 3,000cr Refinance Agreement

Date:

Post View:

BB Janata Bank Sign Tk 3,000cr Refinance Agreement

Bangladesh Bank and Janata Bank PLC have signed a participation agreement to establish and operate a Tk 3,000 crore refinancing fund aimed at creating a special agriculture-based economic zone in northern Bangladesh.

The agreement was signed on August 31, 2026, at the conference room of Bangladesh Bank. The fund will support increased agricultural production, preservation and marketing of farm products, as well as expansion of agricultural exports.

Director of Bangladesh Bank’s Agricultural Credit Department-2, A.K.M. Saiful Zaman, and Janata Bank Managing Director Md. Mojibur Rahman signed the agreement on behalf of their respective institutions.

Bangladesh Bank Deputy Governor Dr. Md. Kabir Ahmed attended the signing ceremony as the chief guest, while Executive Director Arif Hossain Khan was present as a special guest.

Managing directors of several other banks also attended the event.

The Tk 3,000 crore refinancing programme is expected to provide financial support for agricultural activities and help strengthen the production, marketing and export of agricultural products in the northern region.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Confidence Cement to sell subsidiary stake for Tk 11.34 crore

Confidence Cement PLC, a listed company in the cement...

BB introduces Bangla QR-based P2P money transfer service

Bangladesh Bank has introduced a Bangla QR-based person-to-person (P2P)...

BB launches UDYOG programme application drive in 56 districts

Bangladesh Bank has opened applications for its UDYOG programme...

BGMEA chief warns unrest may force factory closures

The owners of garment factories may stop operations if...