Trust Bank joins Tk 3,000cr scheme to diversify exports

Star Business Desk

Trust Bank PLC has signed an agreement with Bangladesh Bank under the central bank’s Tk 3,000 crore export diversification refinance scheme, aimed at reducing the country’s dependence on the readymade garment (RMG) sector and promoting export diversification.

AKM Nurunnabi, director of the Sustainable Finance Department of Bangladesh Bank (BB), and Ahsan Zaman Chowdhury, managing director and CEO of Trust Bank PLC, signed the agreement at the BB headquarters in Motijheel, Dhaka recently, according to a press release.

Among others, Abu Alam, additional director of the central bank; Sazib Kumar Das, joint director of the Sustainable Finance Department; and ABM Mizanur Rahman, senior executive vice-president and head of the CRM division at Trust Bank PLC, were also present at the signing ceremony.