SIBL signs agreement with BB for Export Facilitation Pre-finance Fund

A participation agreement was recently signed between Bangladesh Bank and Social Islami Bank Limited to avail Export Facilitation Pre-finance Fund (EFPF).

Bangladesh Bank has formed a fund worth Tk 100 billion for exporters to continue developing and expanding export-oriented industries.

Bangladesh Bank Governor Abdur Rouf Talukder formally handed over the agreement document to Zafar Alam, Managing Director and CEO of SIBL, according to a press release.

Abu Farah Md. Nasser, deputy governor of the central bank, was present as a special guest, and senior officials from both organisations were also present on the occasion.