United Finance signs two participation agreements with Bangladesh Bank

United Finance Limited recently signed two participation agreements with Bangladesh Bank to provide Credit Guarantees for Women Entrepreneurs under a Refinance Scheme of Tk 30 billion and Guarantee facilities for the Agro-product processing sector under another Refinance Scheme of Tk 14 billion.

Nahid Rahman, Director of Credit Guarantee Department of Bangladesh Bank, and Mohammad Rafiqul Islam, Managing Director of United Finance signed and exchanged the two agreements on behalf of the respective organizations. Senior Officials from both organization were also present on the occasion, according to a press release.

The facilities aim to assist eligible Cottage, Micro and Small Women Enterprises (WEs) and Agro Processing Enterprises to avail unsecured loans or investment facilities.