Pubali Bank inks deal with BB under refinancing fund
BI Desk || BusinessInsider
Photo: Courtesy
Pubali Bank Limited has recently signed a participation agreement with Bangladesh Bank under a $300-million refinancing fund, said a news release.
The fund was launched under the name of the Covid-19 Emergency and Crisis Response Facility Project (CECRFP) by the Asian Infrastructure Investment Bank to deal with the liquidity crisis caused by the Covid-19 pandemic and to provide financial assistance.
Managing Director & CEO of Pubali Bank Limited Mohammad Ali and Director of CECRFP Md Abdul Wahab signed the agreement in presence of Abu Farah Md Nasser, Deputy Governor of Bangladesh Bank.
Pubali Bank Limited Deputy Managing Director Mohammad Anisuzzaman and General Manager & Head of CMSME Md. Faisal Ahmed were present at the signing ceremony.
