2026-06-07

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SFD Circular No. 02: Export Diversification Refinance Scheme

The Sustainable Finance Department of Bangladesh Bank establishes a 3,000 crore Taka Export Diversification Refinance Scheme to support priority and special development sectors listed in the Export Policy 2024-27, with priority given to exporters using domestic raw materials. Scheduled banks must sign a participation agreement with the department, offering refinancing at a 4% interest rate to the bank and a maximum of 7% to the customer, with a scheme duration of three years and a grace period of up to six months. Banks are required to verify customer creditworthiness, ensure loans are not for non-performing accounts, and submit quarterly reports and documentation within specified deadlines, while retaining full responsibility for loan recovery and adhering to all risk management policies.

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