Regulatory Alerts2012-04-02
Added · Updated
ACFID Circular Letter No. 02: Disbursement of Agricultural Credit in Apiculture
The document instructs all scheduled banks in Bangladesh to resume the disbursement of agricultural credit for apiculture in areas where beekeeping is practiced or has potential. Banks are required to ensure loan distribution in accordance with serial numbers 103 of Appendix G and 102 of Appendix H of the 2011-2012 Agriculture/Crop Loan Policy and Tariff. Loans may be granted based on individual guarantees from third parties for individual borrowers, or based on group guarantees and, where necessary, individual third-party guarantees for group lending.