Dhaka, Bangladesh (BBN) – The Bangladesh Development Bank Limited (BDBL) has signed participatory agreement with the central bank for SME (Small and medium enterprise) refinancing.
BB SME and Special Programs Department general manager Sukamal Sinha Choudhury and BDBL managing director Md Zillur Rahman signed the agreement on behalf of their respective organization on Thursday.
The central bank had created a fund of BDT 6.00 billion in 2008 with a view to expanding the facilities of SME sector.
Under the BB SME refinancing scheme, 21 banks and 22 non-banking financial institutions (NBFIs) have already signed the participatory agreement.
BBN/SSR/AD-26Apr12-9:45 pm (BST)