Southeast Bank Limited signed a Participation Agreement with the Financial Sector Support and Strategic Planning Department (FSSSPD), Bangladesh Bank, for availing of a refinance facility in US dollars (USD) under the “Bangladesh Bank-Long Term Financing Facility (BB-LTFF)” to facilitate long-term financing for firms, mainly the export-oriented manufacturing industries. Under this agreement, exporters, enterprises, and other manufacturing industries in the country may avail of refinance funds to support their businesses.
In the presence of Nurun Nahar, Deputy Governor of Bangladesh Bank, Liza Fahmida, Director, Financial Sector Support and Strategic Planning Department (FSSSPD), Bangladesh Bank, and Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank Limited, signed the agreement on behalf of the respective organizations.
Other high officials from both organizations were also present at the agreement signing ceremony.