Bangladesh Bank has formed a refinance scheme of Tk 5000 crore to boost food production and strengthen the country's food security. Farmers can take loans from this fund at a 4 percent interest rate. They can borrow from this fund for a maximum of 18 months with a grace period
Tag: refinance scheme
BB launches Tk 25000cr refinance fund for small businesses
Bangladesh Bank (BB) has announced a refinancing scheme of Tk 25000 crore for cottage, micro, small and medium entrepreneurs. Under this scheme, banks and financial institutions can disburse loans through their own branches, sub-branches, agent banking, and mobile financial services (MFS). A BB circular in this regard was issued on Tuesday and