Shahjalal Islami Bank joins Tk2,000cr refinance scheme

Shahjalal Islami Bank PLC has joined a Tk2,000 crore refinancing facility offered by Bangladesh Bank (BB) to expand financing for green industries and the ICT sector.

The bank recently signed two participation agreements with the central bank at its headquarters in Dhaka, according to a press release.

AKM Nurunnabi, director of the Sustainable Finance Department of BB, and Mosleh Uddin Ahmed, managing director of Shahjalal Islami Bank, signed the agreements on behalf of their respective institutions.

The facility will support financing for eco-friendly industrial projects and ICT development, helping promote sustainable industrialisation and a technology-driven economy.