Community Bank Bangladesh PLC as a participant in the Bangladesh Bank-Long Term Financing Facility (BB-LTFF), has signed a Participating Agreement with Bangladesh Bank, based on the success of the recently completed LTFF under the FSSP.
Bangladesh Bank now decided to continue providing long-term financing for private sector firms, mainly export-oriented manufacturing (small, medium, and large) firms.
The agreement was signed on Tuesday at Bangladesh Bank.
In presence of Md Habibur Rahman, deputy governor of Bangladesh Bank, the agreement was signed by Liza Fahmida, director, Financial Sector Support and Strategic Planning Department of Bangladesh Bank and Masihul Huq Chowdhury, managing director of Community Bank Bangladesh PLC on behalf of their respective organizations.
Husne Ara Shikha, executive director, Bangladesh Bank was present in the signing ceremony among other high officials of the central bank.
On behalf of Community Bank, Hasi Rani Bepari, head of credit risk management, and ZM Masir Bin Quddus, head of credit administration department attended the program.
