NCC Bank signs participatory agreement with Bangladesh Bank


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NCC Bank signs participatory agreement with Bangladesh Bank

BM Desk:

NCC Bank signed a participatory agreement with Bangladesh Bank on “BB-Long Term Financing Facility (BB-LTFF)” at the Bangladesh Bank Office on Tuesday. Under this agreement, export-oriented manufacturing firms in Bangladesh can avail of refinancing in USD against long-term loans.

In the presence of Nurun Nahar, Deputy Governor of Bangladesh Bank, Mohammad Mamdudur Rashid, Managing Director and CEO of NCC Bank, and Liza Fahmida, Director, Financial Sector Support and Strategic Planning Department (FSSSPD) of Bangladesh Bank, they signed the agreement on behalf of their respective organizations. 

Besides, Abul Bashar, Executive Director of Bangladesh Bank; Rafat Ullah Khan and Mahbub Alam, Deputy Managing Directors; and A. K. M. Jahidul Alam, SVP and Head of Garments Cell of NCC Bank, along with other high officials of Bangladesh Bank, were also present on the occasion.


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