ACD Circular Letter No. 02: Refinance scheme of 5000 Crore Taka for agriculture sector to ensure food security of the country

Bangladesh Bank
(Head Office)
Central Department
Motijheel, Dhaka-1000
Bangladesh.

13 Agrahayan 1431
ACD Circular Letter No.-02
Date: ------------------
27 June 2024

To:
Chief Executive/General Manager
All Scheduled Banks.

Subject: Extension of Deadline and Amendment of Guidelines for the Refinance Scheme of 5,000 (Five Thousand) Crore Taka Formulated for Agriculture Sector to Ensure Food Security of the Country.

In view of the previous ACD Circular Letter No.-07, dated November 17, 2022, ACD Circular Letter No.-02, dated August 21, 2023, and ACD Circular Letter No.-03, dated November 21, 2023, the deadline for the refinance scheme of 5,000 Crore Taka formulated for the agriculture sector to ensure food security has been extended until December 31, 2024.

Furthermore, the scope of the scheme has been expanded to include farmers producing vegetables, fruits, and spices under the "Kanda Por" category and the "Poultry/Livestock/Fisheries" sector. In this regard, the cumulative repayment rate (combined with principal) required for refinancing under the scheme has been increased from 07 percent to 10 percent.

This amendment is issued under Section 45 of the Bank Company Act, 1991.

Sincerely,

(Khondkar Foyezul Islam)
Deputy Governor (Operations)

Phone: 9530138

Enclosure: 1 (One) Page.

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Annexure

Cumulative Repayment Rate (Principal + Interest)

For the Refinance Scheme Formulated for the Agriculture Sector to Ensure Food Security of the Country

Bank Name:
Rate of Repayment: -- / -- / ---- Date up to

(In Taka)

Sr. No.	Name	Upazila Name	District Name	Division Name	Approved Loan Amount	Disbursed Loan Amount	Total Loan Amount	Paddy	Vegetables	Dairy	Cattle	Poultry/Livestock/Fisheries	Sheep/Goat	Pigs & Chickens	Fish	Cumulative Repayment Rate (%)	Number of Farmers Benefiting	Number of Farmers Benefiting