Regulatory Alerts2024-11-07
Added
CGD Circular Letter No. 02: Display of Posters Regarding Credit Guarantee Scheme
Bangladesh Bank instructs all scheduled banks and financial institutions to display a specified color poster regarding the Credit Guarantee Scheme at every branch, sub-branch, and agent outlet within two months. The poster, measuring 30x18 inches, must be placed in easily accessible locations to raise awareness among primary entrepreneurs in the KSSME, agriculture, and financial inclusion sectors. This directive is issued under the powers granted by Section 45 of the Bank Companies Act, 1991, and Section 18 of the Financial Institutions Act, 1993, and takes effect immediately.