Exim Bank pens deal with Bangladesh Bank

Exim Bank recently signed a participation agreement with the Financial Sector Support and Strategic Planning Department (FSSSPD) of Bangladesh Bank for availing its refinance facility in US dollar.

Mohammad Feroz Hossain, managing director and CEO of Exim Bank, and Liza Fahmida, director of the FSSSPD, inked the deal at the central bank headquarters in Motijheel, said a press release.

Under the agreement, exporters, enterprises and other manufacturing industries in the country may avail refinance funds for supporting their business through Exim Bank.

Among others, Nurun Nahar, deputy governor of Bangladesh Bank, and Maksuda Khanam, deputy managing director of Exim Bank, were present.