Recently Union Bank Limited signed an agreement with Bangladesh Bank to disburse loans at 7 percent profit rate under the “Refinance scheme against Term Loans to Cottage, Micro, Small and Medium Enterprises (CMSME) Sector”. Governor of Bangladesh Bank Abdur Rouf Talukder was present at the signing ceremony as the chief guest and Deputy Governor Abu Farah Md. Nasser as special guest. A. B. M. Mokammel Hoque Chowdhury, Managing Director & CEO of Union Bank and Md. Jaker Hossain, Director, SME & Special Programs Department of Bangladesh Bank signed the agreement on behalf of their respective organizations. Executive Directors of Bangladesh Bank Md. Sirajul Islam and Md. Obaidul Hoque were also present at the ceremony.