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BB introduces new refinancing scheme

Friday, 10 October 2014



Bangladesh Bank (BB) has introduced a refinancing scheme for Shariah-based funding with the particular aims of creating jobs in rural areas by helping existing agro-based industries and creating new entrepreneurs.  The size of the fund had not been finalized yet, but it would be between Tk 1.0 billion  and Tk 5.0 billion, depending on the demand, general manager of the SME and Special Programmes Department of BB Md Masum Patwary said.   --BSS