UCB inks deal with BB for availing refinance fund

United Commercial Bank (UCB) recently signed an agreement with Bangladesh Bank (BB) for availing refinance fund under supporting post Covid-19 small scale employment creation project (SPCSSECP) supported by Asian Development Bank.

Through this initiative, UCB will offer credit facilities to cottage, micro and small Enterprises at subsidised interest rate, said a press release.

Arif Quadri, managing director and CEO of UCB, and Nurun Nahar, executive director of BB, signed the agreement on behalf of the respective organisations.