Standard Bank to provide loan for tech development of export industry
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Tuesday
February 07, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
TUESDAY, FEBRUARY 07, 2023
Standard Bank to provide loan for tech development of export industry

Corporates

TBS Report
01 April, 2021, 08:40 pm
Last modified: 01 April, 2021, 08:45 pm

Related News

  • Bangladesh Bank, Brac Bank organise awareness programme on FX clearing through RTGS
  • NCC Bank holds workshop on CMSME refinance, credit guarantee scheme of Bangladesh Bank
  • Bangladesh Bank signs agreement with SIBL
  • Service exporters to get foreign currency retention quota facility
  • Habibur Rahman joins Standard Bank Ltd as new MD

Standard Bank to provide loan for tech development of export industry

A fund of Tk1000 crore was set up from Bangladesh Bank's own sources

TBS Report
01 April, 2021, 08:40 pm
Last modified: 01 April, 2021, 08:45 pm
Standard Bank to provide loan for tech development of export industry

Standard Bank signed an agreement with Bangladesh Bank on Thursday at the Jahangir Alam Conference Hall of Bangladesh Bank to provide loans as part of the refinancing fund set up by Bangladesh Bank for technological development of export-oriented industries.

Khondoker Rashed Maqsood, MD and CEO of Standard Bank; and Khandaker Morshed Millat, GM of Bangladesh Bank; signed the agreement, said in a press release.

Enhancement of competitiveness and sustainability of export-oriented industries in the international market requires environment friendly production process, fuel economy and efficiency, working environment development and modernization of production equipment and technology.

To this end, a fund of Tk1000 crore was set up from Bangladesh Bank's own sources. Deputy Governor of Bangladesh Bank Abu Farah Md Naser was present as the chief guest at the signing ceremony.

Executive Director of Bangladesh Bank, Nurun Nahar; Deputy General Manager, Chowdhury Liakot Ali; Additional Managing Director of Standard Bank, Md Touhidul Alam Khan; Vice President of Investment Division, Tapas Kumar Mandal; and other officials of both the organisations were present at the moment.

Banking

Standard Bank / Bangladesh Bank

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infographic: TBS
    FDI from US halves in January-June 2022
  • A woman reacts while embracing another person, near rubble following an earthquake in Hatay, Turkey, February 7, 2023. REUTERS/Umit Bektas
    Earthquake deaths cross 4,400 in Turkey, Syria; severe weather hampers rescue operations
  • 30% companies see double-digit growth even in hard times
    30% companies see double-digit growth even in hard times

MOST VIEWED

  • Photo: Courtesy
    Sajida Foundation, Orange Corners sign agreement to support young Bangladeshi entrepreneurs
  • Photo: Courtesy
    Plan International BD join hands with GP to empower 4.5 lakh marginalised youth
  • FBCCI urges for boosting FTA, PTA
    FBCCI urges for boosting FTA, PTA
  • Idcol finances Joules Power’s 3.23MWp solar project in N'ganj
    Idcol finances Joules Power’s 3.23MWp solar project in N'ganj
  • Photo: PR
    Bangladesh Bank, Brac Bank organise awareness programme on FX clearing through RTGS
  • Banglalink deploys 4,000 new 4G sites as part of nationwide network expansion drive
    Banglalink deploys 4,000 new 4G sites as part of nationwide network expansion drive

Related News

  • Bangladesh Bank, Brac Bank organise awareness programme on FX clearing through RTGS
  • NCC Bank holds workshop on CMSME refinance, credit guarantee scheme of Bangladesh Bank
  • Bangladesh Bank signs agreement with SIBL
  • Service exporters to get foreign currency retention quota facility
  • Habibur Rahman joins Standard Bank Ltd as new MD

Features

Nimah designed by Compass Architects- Wooden tiles. Photo: Junaid Hasan Pranto

Trendy flooring designs to upgrade any space

3h | Habitat
Benefits of having high ceilings in your new home

Benefits of having high ceilings in your new home

2h | Habitat
Each Reverse Osmosi plant can produce approximately 8,000 litres of drinking water a day for around 250 families. Photo: Sadiqur Rahman

A drop in the ocean of persistent water crisis

4h | Panorama
Photo: Collected

Get your partner a lovely present this Valentine's Day

1d | Brands

More Videos from TBS

Challenging time waiting for RMG

Challenging time waiting for RMG

2h | TBS Round Table
"Full Moon Meditation" organized by Department of Theater and Performance Studies, University of Dhaka

"Full Moon Meditation" organized by Department of Theater and Performance Studies, University of Dhaka

2h | TBS Graduates
10 cricketers who have played over 400 T20 matches

10 cricketers who have played over 400 T20 matches

2h | TBS SPORTS
Harry Kane sets two record in one goal

Harry Kane sets two record in one goal

2h | TBS SPORTS

Most Read

1
Photo: Courtesy
Panorama

From 'Made in Bangladesh' to 'Designed in Bangladesh'

2
Leepu realised his love for cars from a young age and for the last 40 years, he has transformed, designed and customised hundreds of cars. Photo: Collected
Panorama

'I am not crazy about cars anymore': Nizamuddin Awlia Leepu

3
Master plan for futuristic Chattogram city in the making
Districts

Master plan for futuristic Chattogram city in the making

4
The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo
Economy

IMF approves $4.7 billion loan for Bangladesh, calls for ambitious reforms

5
Belal Ahmed new acting chairman of SIBL
Banking

Belal Ahmed new acting chairman of SIBL

6
Photo: Collected
Crime

Prime Distribution MD Mamun arrested in fraud case

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]