Regulatory Alerts2015-09-10
Added · Updated
SFD Circular Letter No. 02: Refinance Scheme for Green Finance
The Sustainable Finance Department of Bangladesh Bank amends the policy framework for the Refinance Scheme for Renewable Energy and Environmentally Friendly Non-Energy Sectors by adding the sub-sector 'Occupational Health and Safety in Factories' to the eligible categories. This expansion allows industrial units that are members of the Bangladesh Association of Cleaner Production (BACP) and own their factories to access refinance for constructing safe working environments, fire safety equipment, roofs, and water storage tanks. The amendment is incorporated into existing participation agreements with the bank and applies immediately to all scheduled banks and financial institutions in Bangladesh.