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16 Apr

BB introduces €200m green transformation fund

Bangladesh Bank (BB) has introduced €200 million Green Transformation Fund (GTF) along with the existing US$200 million to set up environment-friendly infrastructures. A decision has been taken to introduce €200 million along with the existing $200 million. Accordingly, participating Authorized Dealers (ADs) will now be in a position to draw loans in euro from GTF [...]
16 Apr

9 banks, 5 FIs sign TDF scheme

A refinance scheme of BDT 10 billion in the name of Technology Development Fund/Upgradation (TDF) has been established in Bangladesh Bank. This fund has been established in conformity of 'Export Policy 2018- 21' with a view to enhancing competitive capacity and sustainability of the export oriented industries. The Sustainable Finance Department of Bangladesh Bank organized [...]
25 Jan

Refinancing Scheme : Technology Development Fund

Bangladesh Bank is forming a Tk 1,000 crore fund to provide cheap loans to export-oriented industries to upgrade technologies they currently use. The eligible industries are of 32 types, all falling under top-priority and special development sectors. They include ready-made garment factories making high-value additions in production, pharmaceuticals, software and IT-enabled services, jute goods and [...]
16 Nov

$5.0b IFC investment portfolio likely for Bangladesh

The International Finance Corporation (IFC) plans to fortify its footprint in Bangladesh through extending its investment portfolio to nearly $5.0 billion in the next five years. IFC wants to expand investment for the private sector in Bangladesh. They’ll double the investment in the next five years. Bangladesh was a potential place for investments as the [...]