Bangladesh, Nov. 4 -- Bangladesh Bank and Mercantile Bank PLC have signed a participatory agreement under Bangladesh Bank's Tk 20 billion (Tk 2,000 crore) pre-financing fund aimed at developing the country's export-oriented frozen food industry, boosting foreign exchange earnings, expanding employment opportunities, broadening rural economic activities, and ensuring easier financing facilities for entrepreneurs.

Advertisement The agreement signing ceremony was organised by the Agricultural Credit Department-2 of Bangladesh Bank, according to a press release.

Arief Hossain Khan, Executive Director of Bangladesh Bank, graced the event as the chief guest, which was presided over by A. K. M. Sayduzzaman, Director (ACD-2) of Bangladesh Bank...