Rule · BB · 30 Jun 2022
The Central Bank of Bangladesh extends the deadline for the distribution of loans under the special incentive refinance scheme for the agriculture sector to September 30, 2022. This extension applies to the scheme established under ACD Circular Letter No. 02 dated September 14, 2021, to ensure its effective implementation. All other directives contained in the aforementioned circular remain unchanged and this directive takes immediate effect.
50119
Bangladesh Bank
(Central Bank of Bangladesh)
Head Office
Motijheel, Dhaka-1000
Bangladesh.
Agricultural Credit Department
16 Asharh, 1429
ACD Circular Letter No.-03 Date:
30 June, 2022
Managing Director/Chief Executive Officer
All Scheduled Banks Operating in Bangladesh.
Regarding the policy formulation and operation of a Taka 3,000 (Three Thousand) crore refinance scheme for the agriculture sector to combat the financial crisis caused by the Covid-19 pandemic.
Dear Sir,
Reference is invited to Paragraph No. 4 of ACD Circular No. 02 dated 14/09/2021 on the subject cited above. Through the aforementioned circular, the deadline for loan distribution by banks at the farmer/customer level for the proper implementation of the 'Special Incentive Refinance Scheme' established for the agriculture sector has been extended to 30/09/2022.
Furthermore, all other directives mentioned in the aforementioned circular shall remain unchanged.
This directive shall take immediate effect.
Yours faithfully,
(Signature)
(Md. Liaqat Ali Molla)
Director (ACD)
Phone: 9530138
Phone: 88-02-9550448, 9554896, IP: 88-02-55665001-6, Fax: 88-02-9530479, www.bb.org.bd
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
“to combat the financial crisis caused by the Covid-19 pandemic. Dear Sir, Reference is invited to Paragraph No. 4 of ACD Circular No. 02 dated 14/09/2021 on the subject cited above. Through the af”
More like this from BB
We email you every new BB publication the day it's published.
Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated