Bangladesh Bank and Mercantile Bank PLC have signed a participatory agreement under Bangladesh Bank's Tk2,000 crore pre-financing fund aimed at developing the country's export-oriented frozen food industry, boosting foreign exchange earnings, expanding employment opportunities, broadening rural economic activities, and ensuring easier financing facilities for entrepreneurs.
The agreement signing ceremony was organized by the Agricultural Credit Department-2 of Bangladesh Bank.
Arief Hossain Khan, executive director of Bangladesh Bank, graced the event as chief guest, which was presided over by AKM Sayduzzaman, director (ACD-2) of Bangladesh Bank.
Muhammed Ansarul Kabir, additional director of Bangladesh Bank, was also present on the occasion.
Representing Mercantile Bank, Md Zahid Hossain, deputy managing director and CBO, and Mohammad Hasibul Hakim Khan, focal point officer of the Sustainable Finance Unit, attended the ceremony.
