Regulatory Alerts2025-03-17
Added
SFD Circular Letter No. 02: Target Fixation of Green CMSME and Women Entrepreneur Sector Finance
The document mandates that scheduled banks and finance companies in Bangladesh allocate 25% of the 5% target for green financing to the CMSME sector (including 15% for women entrepreneurs) and 20% to the women entrepreneur sector. This directive, issued under Section 45 of the Bank Company Act, 1991, and Section 41(2)(d) of the Finance Company Act, 2023, requires institutions to ensure these specified financing ratios are met within the current fiscal year. The order takes immediate effect to address insufficient credit flow to these priority sectors.
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