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Premier Bank signs participation deal with Bangladesh Bank


Published : 03 Mar 2021 08:25 PM

The Premier Bank Limited recently signed Participation Agreement with Bangladesh Bank to avail Refinance Fund for Technology Development/ Upgradation of Export Oriented Industries. 

Under this agreement, Bangladesh Bank will provide refinance to Premier Bank for extending its exporting customer Term Loan in BDT to procure machinery/technology for technology development/upgradation to most preferred sectors and special development sectors under Export Policy 2018-2021. 

Khondkar Morshed Millat, General Manager, Sustainable Finance Department of Bangladesh Bank and M. Reazul Karim, FCMA, Managing Director & CEO of The Premier Bank Limited signed the agreement on behalf of their respective organization. 

Ahmed Jamal, Deputy Governor, Bangladesh Bank, Md. Shafiqul Islam, Executive Director, Bangladesh Bank, Anisul Kabir, Senior Executive Vice President & Head of CRM- RMG & Corporate Division of The Premier Bank Ltd. and other high officials from both the institutions were also present on the occasion.