Regulatory Alerts2026-07-01
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Circular Letter No. 02: Formulation of Bangladesh Bank Agricultural Development Common Fund (BBADCF)
The Bangladesh Bank issues Circular Letter No. 02 to mandate the formulation of the Bangladesh Bank Agricultural Development Common Fund (BBADCF) for all commercial banks. The directive requires banks to allocate 30% of their short-term and long-term agricultural credit disbursements to the fund, with specific provisions for interest rates, statutory liquidity ratio adjustments, and risk mitigation contributions. Compliance is enforced under Section 45 of the Bangladesh Bank Order, 1972, with strict penalties for non-compliance.
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