(MENAFN- Bangladesh Monitor)
Dhaka: Bangladesh bank and First Security Islami Bank Ltd recently signed a participation agreement under refinancing scheme for investment in Cottage, Micro, Small and Medium sector.
For the development and enhancement of the country's cottage, micro, small and medium (CMSME) industries, investment will be distributed among these sectors entrepreneurs on easy terms and low profit rate where manufacturing and service sectors will be given priority.
In the presence of Abdur Rouf Talukder, Governor of Bangladesh Bank, Syed Waseque Md Ali, Managing Director of First Security Islami Bank Ltd and Md Jaker Hossain, Director, SME and Special Programmes Department of Bangladesh Bank exchanged the agreement on behalf of their respective organisations.
Among others, Abu Farah Md Nasser, Deputy Governor of Bangladesh Bank along with other officials were also present on the occasion at Bangladesh Bank Head Office.
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