32 banks,FIs ink deal on re-financing fund

Bangladesh Bank Sunday signed agreement with 32 commercial banks and financial institutions (FIs) to disburse funds under a re-financing scheme of the central bank. Under the agreement, small and medium entrepreneurs will be able to borrow from the BB re-financing funds at maximum 10 per cent interest.The maximum loan limit will be Tk 1.0 million for each client trained under DCCI or any similar bodies. Bangladesh Bank Governor Dr Atiur Rahman was the chief guest in the programme, according to a BB statement.