Brac and Prime Bank to join government urea import initiative; BCIC seeks Tk1,000cr guarantee
Brac Bank and Prime Bank are set to join the government's urea import initiative, while BCIC has requested a Tk1,000 crore state guarantee.
TBS Bangladesh15 September 2026, 12:00 PM0 readsAMP
Brac Bank and Prime Bank are joining the government's initiative for urea fertilizer imports. In connection with this, the Bangladesh Chemical Industries Corporation (BCIC) has requested a state guarantee of Tk1,000 crore. Currently, four state-owned banks are providing guarantees totaling Tk17,500 crore for fertilizer imports.
