BB inks contract with Rupali Bank

Bangladesh Bank recently signed an agreement with the state-owned Rupali Bank under the refinance scheme of Tk 5000 crore in the agriculture sector aiming to ensure the food security.

Under the agreement, Rupali Bank will be able to lend loans to small and marginal farmers at a 4 per cent interest rate, said a press release.

Rupali Bank Managing Director and CEO Muhammad Jahangir and Bangladesh Bank Director of Agriculture Loan Department Md Abul Kalam Azad signed the deal on behalf of their respective organisations while BB governor Abdur Rouf Talukder was present.

Deputy Governor AKM Sajedur Rahman Khan, Executive Director Md Anwarul Islam and other top officials of Bangladesh Bank also attended the event.