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Pubali Bank Ltd signs agreement with Bangladesh Bank

  • Published at 09:09 pm January 15th, 2018
Pubali Bank Ltd signs agreement with Bangladesh Bank
Pubali Bank Limited signed a participatory agreement with Bangladesh Bank (BB) on Second Small & Medium Sized Enterprise Development Project (SMEDP2) at the conference room of the central bank headquarters recently. With the financial support of Asian Development Bank (ADB) and the government of Bangladesh, the agreement was signed under the refinance scheme of $240 million to expand financial services for the development of Cottage, Micro, Small & Medium Enterprises (CMSME). Pubali Bank Ltd Managing Director and CEO Md Abdul Halim Chowdhury and Bangladesh Bank General Manager of Financial Inclusion department Md Abul Bashar signed the agreement on behalf of their respective organizations. SK Sur Chowdhury, deputy governor of Bangladesh Bank was present in the ceremony as chief guest while Cai Li, deputy country director of ADB and Pradip Kumar Datta, general manager of Credit Division of Pubali Bank Limited, along with other senior officials of both the organizations were also present on the occasion.