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Southeast Bank to finance green industries at preferential rates

Signs Tk1,000cr refinance deal with cenbank

Southeast Bank to finance green industries at preferential rates
Southeast Bank PLC will provide financing to eligible clients at a preferential interest rate for green industries and green factory buildings after recently signing a participation agreement with Bangladesh Bank under its Tk1,000 crore refinance scheme, intended to support sustainable industrial development and promote environmentally responsible investment in Bangladesh. Photo: Southeast Bank PLC
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Southeast Bank PLC will provide financing to eligible clients at a preferential interest rate for green industries and green factory buildings, after signing a participation agreement with Bangladesh Bank (BB) under its Tk1,000 crore refinance scheme.

The financing is intended to support sustainable industrial development and promote environmentally responsible investment in Bangladesh, said a press release on Thursday.

Southeast Bank PLC Managing Director and CEO Md Khalid Mahmood Khan and cenbank Sustainable Finance Department Director A K M Nurunnabi participated in the signing ceremony held recently at Bangladesh Bank Head Office.

BB Sustainable Finance Department Additional Directors Md Tohidul Islam and Mohammad Anowarul Bari, Joint Directors Mohammad Delowar Hossain and Md Kamrul Islam, Deputy Director Md Masudur Rahman and Assistant Director Md Wahiduzzaman attended the event, along with Southeast Bank PLC Executive Vice President, CRM Division, Mohammad Kamruzzaman, among others.

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