Bangladesh Bank & First Security Islami Bank Signed an Participation Agreement under Refinancing Scheme for Investment in Cottage, Small and Medium Sector

Bangladesh Bank and First Security Islami Bank Ltd. recently signed an 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 Mr. Abdur Rouf Talukder, Honb’le Governor of Bangladesh Bank, Mr. Syed Waseque Md Ali, Managing Director of First Security Islami Bank Ltd. and Mr. Md. Jaker Hossain, Director, SME and Special Programs Department [...]