green products
BB issues circular to set interest
UNB
The Bangladesh Bank has issued a master circular on rules and regulations of the Refinancing Scheme for Environment-friendly products and initiative, reports UNB. As per the circular dated March 16, entrepreneurs will get bank loan at lower interest rate for some 51 environment-friendly products and initiatives in 8 sectors under a Tk 200 crore re-financing scheme, launched by the Bangladesh Bank in 2009, As per the new master circular, bank will charge maximum 8-9 per cent interest on the loan to be provided to the entrepreneurs for the investment for 51 products and initiatives in 8 sectors.
