Bangladesh, Nov. 5 -- NRBC Bank PLC has signed a pre-financing agreement with Bangladesh Bank under a Tk 2,000 crore fund aimed at supporting the country's export-oriented frozen food sector.

The initiative is expected to boost production capacity, facilitate business expansion and strengthen the competitiveness of Bangladeshi frozen food products in international markets.

Under the scheme, entrepreneurs involved in the production, processing and export of frozen shrimp, fish, fishery products and other frozen food items will have access to financing at concessional interest rates.

A.K.M Sayduzzaman Director of Agricultural Credit Department-2 of Bangladesh Bank, and Dr. Md. Touhidul Alam Khan, FCMA, Managing Director and CEO of NRBC ...