Meghna Bank signed a participatory agreement with the Bangladesh Bank to facilitate US dollar-based long term loans for its clients under the central bank's long term financing Facility (BB - LTFF) scheme.
The deal is especially focused for export oriented manufacturing clients.
This is the phase II facility of earlier formed LTFF, which has become successful in recent years.
The project was launched by IDA, WB through Bangladesh Bank for supporting export customers who needs long term loan facility in USD currency.
Meghna Bank's eligible clients will be able to apply for this fund from onward.
Bangladesh Bank's Deputy Governor Nurun Nahar chaired the signing ceremony held at Head Office of Bangladesh Bank.
Among other senior officials from BB and Meghna Bank, Liza Fahmida, director, FSSSPD, Sohail RK Hussain, MD & CEO, Kimiwa Saddat, DMD of Meghna Bank were also present at the ceremony.