BRAC Bank has signed a participation agreement with Bangladesh Bank (BB) to avail Export Facilitation Pre-finance Fund (EFPF).
Bangladesh Bank has formed BDT 100 billion EFPF fund for exporters to continue developing and expanding export-oriented industries.
Bangladesh Bank Governor Abdur Rouf Talukder formally handed over the agreement document to BRAC Bank Managing Director & CEO Selim R. F. Hussain at a ceremony at Bangladesh Bank on Monday, says a media report.
Bangladesh Bank Deputy Governor Abu Farah Md. Nasser, Director of Banking Regulations and Policy Department Maqsuda Begum, and senior officials of Bangladesh Bank and participatory banks were present.
