BB, Mercantile Bank sign Tk 2000cr pre-financing deal 

Bangladesh Bank and Mercantile Bank PLC have signed a participatory agreement under Bangladesh Bank's Tk 2,000 crore pre-financing fund aimed at developing the country's export-oriented frozen food industry, boosting foreign exchange earnings, expanding employment opportunities, broadening rural economic activities, and ensuring easier financing facilities for entrepreneurs.

The agreement signing ceremony was organized by the Agricultural Credit Department-2 of Bangladesh Bank. Arief Hossain Khan, Executive Director of Bangladesh Bank, graced the event as the chief guest, which was presided over by A K M Sayduzzaman, Director (ACD-2) of Bangladesh Bank, says a press release.

Muhammed Ansarul Kabir, Additional Director of Bangladesh Bank, was also present on the occasion.