BB to refinance NRBCBank

An agreement was recently signed between Bangladesh Bank and NRBC Bank. Under this agreement Bangladesh Bank will refinance NRBCBank against their finance to Jute processing industries.

B Bank & NRBCBankMr. Provash Chandra Mallick, General Manager of Bangladesh Bank and Mr. Dewan Mujibur Rahman, MD & CEO of NRBCBank signed the agreement on behalf of their respective organizations.

Among others, Deputy General Manager Mr. Tapan Kumar Saha, Deputy Director Mr. Mohammad Abdullah Al Masum  of Bangladesh Bank and Senior Executive Vice President, Mr. Md. Shafiet Wahed,  Senior Vice President Mr. Tanusree Mitra, First Asstt. Vice President Mr. Mohammad Saiful Islam, Principal Officer Mr. Harunur Rashid of NRBCBank were present in the ceremony. Under this agreement jute processing clients of NRBC Bank will get low cost fund from Bangladesh Bank.