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Lankan Alliance Finance Limited and the Bangladesh Bank have signed a participation agreement today for Technological Development.

The revolving refinance fund formed from Bangladesh Bank's resources for the export-oriented industries to improve and upgrade technology platforms so that the export sector will have a better competitive edge, reads a press release.

Kanti Kumar Saha, chief executive officer of Lankan Alliance Finance and Khondkar Morshed Millat, general manager at Sustainable Finance Department of Bangladesh Bank signed the agreement on behalf of their respective organizations.

Abu Farah Nasser, deputy governor of Bangladesh Bank, Nurun Nahar, executive director of Bangladesh Bank, Shahanur Rashid, head of business and Sayful Islam, head of SME of Lankan Alliance Finance were present on the occasion.

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