BB, SJIBL sign participatory deal

A participatory agreement has been signed between Bangladesh Bank and Shahjalal Islami Bank Limited (SJIBL) on “Urban Building Safety Project” assisted by Japan International Co-operation Agency (JICA) on 13th February 2017 at Jahangir Alam Conference Hall, Bangladesh Bank, Head office, Dhaka. In presence of the Governor of Bangladesh Bank Mr. Fazle Kabir, the Managing Director of Shahjalal Islami Bank Ltd. (SJIBL) Mr. Farman R Chowdhury and the Agreement with Bangladesh Bank Press Release JPG-14.02.2017General Manager of SME&SP Division of Bangladesh Bank Mr. Swapan Kumar Roy signed on the agreement on behalf of their respective organizations.

Under this agreement Shahjalal Islami Bank Limited will get fund from the refinancing fund of Bangladesh Bank for long tenor. After getting the fund the Bank will be able to finance for the reconstruction of RMG building, relocating as well as for fire safety.

Among others the Deputy Governor of Bangladesh Bank Mr. S. K. Sur Chowdhury, the Chief Representative of Japan International Co-operation Agency (JICA) Takatoshi Nishikata, High officials of Bangladesh Bank and the EVP, Head of Corporate Division of Shahjalal Islami Bank Limited Mr. Md. Monzurul Alam Chowdhury were also present in the agreement signing ceremony.