SBAC Bank joins BB’s Tk 3,000cr export diversification scheme

SBAC Bank PLC has signed an agreement to participate in Bangladesh Bank’s Tk 3,000 crore ‘Export Diversification Refinancing Scheme’, aimed at diversifying the country’s export sector.

SBAC Bank Managing Director and CEO S M Mainul Kabir and AKM Nurunnabi, Director of Bangladesh Bank’s Sustainable Finance Department, signed the agreement on behalf of their respective organisations at the Sustainable Finance Department of Bangladesh Bank recently.

SBAC Bank Head of Credit Risk Management Division Jahangir Alam, Bangladesh Bank Additional Director Abu Alam Mohsin and senior officials from both organisations were present at the signing ceremony.