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ONE Bank Limited signed agreement with Bangladesh Bank
 
 
ONE Bank Limited (OBL) signed a participating agreement with Bangladesh Bank for getting refinance from Technology Development Fund (TDF). The Sustainable Finance Department of Bangladesh Bank organised a signing ceremony of the participation agreement on April 01,2021. In that ceremony, Khondkar Morshed Millat, General Manager, Sustainable Finance Department of Bangladesh Bank and M. Fakhrul Alam, Managing Director of ONE Bank Ltd signed the agreement on behalf of their respective organizations.

Under this agreement, the PFIs will be provided with refinance facility from Bangladesh Bank against disbursement of term loan to its client to procure machinery/technology for modernization /up gradation to most preferred sectors and special development sectors under Export Policy 2018-2021.