Bangladesh, Nov. 4 -- Eastern Bank PLC. (EBL) has signed a Participation Agreement with Bangladesh Bank under its Pre-Finance Scheme for the Leather and Leather Goods Industry, offering customers low-interest financing to promote the growth and development of the sector.Bangladesh Investment Guide

Advertisement Under the scheme, financing will support the expansion of the leather and allied industries, including the construction of factory infrastructure and the purchase of machinery for tanneries and leather goods manufacturing units, according to a media release.

Eligible customers can avail loans at a 7% interest rate, with a maximum limit of BDT 30 crore per borrower, depending on the nature of the business.

The agreement was sig...