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NRBC Bank to provide long-term loans to exporters


Published : 11 Dec 2023 08:32 PM

NRBC Bank PLC. will offer long-term loans at low interest rates to contribute to the economic development of the country for creating employment and enhancing productivity. This loan will be in US dollars for investment in export-oriented industries. 

The 'Long Term Financing Facility (LTFF)' by Bangladesh Bank will facilitate the disbursement of this loan. On Sunday, NRBC Bank PLC has signed an agreement with Bangladesh Bank to facilitate the distribution of this loan. 

Golam Awlia, the Managing Director and CEO of NRBC Bank, and Liza Fahmida, Director of Financial Sector Support and Strategic Planning Department of Bangladesh Bank, signed the agreement at the head office of Bangladesh Bank.

During the event, Nurun Nahar, Deputy Governor of Bangladesh Bank, Md. Abul Bashar, Executive Director, and Firoz Mahmud Islam, Additional Director (FSSSPD), Kabir Ahmed, Deputy Managing Director and CRO, NRBC Bank with other officials from both organizations were present to sign the agreement.