BB likely to float Tk 20b refinancing scheme for green projects
Tuesday, 14 October 2014
Bangladesh Bank (BB) is likely to formally announce a Tk 20-billion Shariah-based refinancing project for the country’s Islamic banks and non-banking financial institutions (NBFIs) after its meeting with them on Thursday. The Islamic banks and Islamic NBFIs will be allowed to utilise the fund to finance in eco-friendly green projects, including renewable energy initiatives, official sources at the central bank said, according to a news agency.