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UCB signs refinancing deal with Bangladesh Bank


Published : 27 May 2022 08:23 PM

United Commercial Bank Ltd. recently signed an agreement with Bangladesh Bank (BB) for availing refinance fund under Supporting Post COVID-19 Small Scale Employment Creation Project (SPCSSECP) supported by Asian Development Bank.  Through this initiative, UCB will offer credit facilities to Cottage, Micro and Small Enterprises at subsidized interest rate. 

Managing Director and CEO of UCB Arif Quadri and Executive Director of Bangladesh Bank Nurun Nahar signed the agreement on behalf of the respective organizations.