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BRAC Bank signs deal with BB to avail export facilitation pre-finance fund

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BRAC Bank has signed a participation agreement with Bangladesh Bank (BB) to avail Export Facilitation Pre-finance Fund (EFPF).

Bangladesh Bank has formed BDT 100 billion EFPF fund for exporters to continue developing and expanding export-oriented industries.

Bangladesh Bank Governor Abdur Rouf Talukder formally handed over the agreement document to BRAC Bank Managing Director & CEO Selim R. F. Hussain at a ceremony at Bangladesh Bank on Monday, says a media report.

Bangladesh Bank Deputy Governor Abu Farah Md. Nasser, Director of Banking Regulations and Policy Department Maqsuda Begum, and senior officials of Bangladesh Bank and participatory banks were present.

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