Brac Bank has signed a participation agreement with Bangladesh Bank (BB) to avail export facilitation pre-finance fund (EFPF).
Bangladesh Bank has formed a Tk10,000 crore EFPF fund for exporters to continue developing and expanding export-oriented industries, reads a press release.
Bangladesh Bank Governor Abdur Rouf Talukder formally handed over the agreement document to Brac Bank CEO Selim RF Hussain at a ceremony at Bangladesh Bank on January 30.
Bangladesh Bank Deputy Governor Abu Farah Md Nasser, director of Banking Regulations and Policy Department Maqsuda Begum, and senior officials of Bangladesh Bank and participatory banks were present.
