SBAC bank signs deal with BB over refinancing facility

Bangladesh Bank (BB) and South Bangla Agriculture and Commerce (SBAC) Bank Limited have signed an agreement to provide Tk 5000.00 crore loan under the refinancing facilities for food security in the agriculture sector.

The agreement signing ceremony was held at the Jahangir Alam Conference Room of Bangladesh Bank on January 8, said a press release.

SBAC bank Managing Director and CEO Habibur Rahman received the agreement letter from Bangladesh Bank Director (ADC) Md Abul Kalam Azad while Governor Abdur Rouf Talukder was present.

Deputy Governor AKM Sajedur Rahman Khan and Executive Director Md Anwarul Islam were also present at the event.