Regulatory Alerts2021-09-05
Added
FEPD Circular Letter No. 23: Green Transformation Fund
The eligibility conditions stipulated in paragraphs 3(a) and 3(b) of FE Circular No. 02 are relaxed for state-owned commercial banks (SOCBs) to participate in the Green Transformation Fund. This relaxation allows SOCBs to apply for loans in US Dollar and Euro for on-lending or refinancing to eligible borrowers for green initiatives. The eligibility criteria for private commercial banks and foreign commercial banks remain unchanged.