South Bangla Agriculture and Commerce (SBAC) Bank Limited has entered into a significant agreement with the Bangladesh Bank. The collaboration involves SBAC Bank's participation in the Export Facilitation Pre-finance Fund (EFPF) — a notable Tk. 10,000.00 crore initiative set forth by Bangladesh Bank.

The formalities took place at the Jahangir Alam Conference Hall on January 30, 2023. SBAC Bank's Managing Director and CEO, Habibur Rahman, handed over the contract to Bangladesh Bank's Governor, Abdur Rouf Talukder.

The signing ceremony saw the presence of several key figures. Abu Farah Md. Nasser, the Deputy Governor, Nurun Nahar, the Executive Director, and Maksuda Begum, the Director of BRPD, were among the esteemed attendees.