Brac Bank inks deal with Bangladesh Bank: Brac Bank has signed a participation agreement with Bangladesh Bank (BB) to avail “Refinance Scheme for Ship Building Industry” in line with the government’s ‘Ship-Building Industry Development Policy 2021’. This low-cost Tk2,000 crore Refinance Scheme has been introduced for the development, management and promotion of the ship-building industry in Bangladesh to ensure sustainable development of the shipping industry, increase export earnings and employment and gradually reduce import dependence, reads a press release. Arief Hossain Khan, director, Department of Offsite Supervision, Bangladesh Bank; and Selim RF Hussain, CEO of BRAC Bank; signed the agreement at a ceremony at Bangladesh Bank head office in Dhaka on January 25 in presence of AKM Sajedur Rahman Khan, deputy governor, Bangladesh Bank.