Regulatory Alerts2026-07-06
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ACD-1 Circular No. 02: Refinance Scheme of Tk 3,000 Crore for Creating Agricultural Based Economic Hub in North Bengal of the Country
The Bangladesh Bank establishes a Tk 3,000 crore refinance fund for scheduled banks to finance agricultural activities in the North Bengal region (Rajshahi and Rangpur divisions). Participating banks must distribute funds across four sectors: agricultural production (15%), preservation and infrastructure (35%), processing (35%), and exports (15%), with maximum loan limits ranging from Tk 30 lakh to Tk 40 crore depending on the sector. Banks receive refinance at a 4% interest rate from the central bank and may charge borrowers up to 9%, with loan tenors capped at 18 months for production and 36 months for other sectors.
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