Regulatory Alerts2021-06-08
Added
Allocation of fund of the Refinance Scheme of BDT 3,000 Crore formed vide FID Circular No-01/2020 of Bangladesh Bank
Out of the BDT 3,000 Crore Refinance Scheme fund established under FID Circular No-01/2020, 25% of the amount must be disbursed to female borrowers. This allocation requirement applies to both the Microcredit and Microenterprise Credit segments. The directive is addressed to all scheduled banks operating in Bangladesh.
BANGLADESH BANK (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh Phone : 88-02-9530010-75, 9530700-59, Fax : 88-02-9566212, www.bb.org.bd 50120 Financial Inclusion Department FID Circular Letter No-01 Date: 08 June 2021 Managing Directors/Chief Executive Officers All Scheduled Banks Operating in Bangladesh Dear Sirs, Allocation of fund of the Refinance Scheme of BDT 3,000 Crore formed vide FID Circular No-01/2020 of Bangladesh Bank Please refer to the FID Circular No-01/2020 Dated: 20 April 2020 issued by this department. 02) It has been decided that out of this fund 25% is to be disbursed in favor of the female borrowers in both segments (Microcredit and Microenterprise Credit). Sincerely yours, (Md. Ruhul Amin) General Manager Phone-02-9530343