Bangladesh Bank signs deal with Prime Bank

Prime Bank has partnered with Bangladesh Bank for providing Bangladesh Bank’s refinance scheme titled ‘Refinance Scheme for Digital Nano Loan’.

Under this agreement, Prime Bank will receive refinancing from Bangladesh Bank against digitally disbursed nano loans, said a press release.

The agreement was recently signed at a ceremony held at Bangladesh Bank’s head office in Dhaka.

Bangladesh Bank has announced the refinance scheme of Tk 100 crore against Digital Nano Loans with

an aim to expand the financial inclusion of marginalised population of the country.

Hassan O Rashid, Managing Director and CEO of Prime Bank, and Jayasree Bagchi, Financial Inclusion Department Director of Bangladesh Bank, signed the agreement on behalf of their respective organisations.

Md Abul Bashar, Executive Director of Bangladesh Bank; Md Iqbal Mohsin, Additional Director of Bangladesh Bank; ANM Mahfuz, DMD and Consumer Banking CBO of Prime Bank; and senior officials of both organisations present on the occasion.