Give fresh loans to flood-hit farmers: BB to banks

Bangladesh Bank (BB) on Thursday in a circular asked all banks to accelerate their loan disbursement process along with sanctioning fresh loans to the farmers, badly affected by the recent flooding in 21 districts. "The central bank has directed all scheduled banks to speed up their credit activities besides sanctioning fresh loans in the flood affected areas so the farmers can get back to crop production to offset their loss to the natural calamity," BB General Manager for Agricultural Credit and Financial Inclusion Department Provas Chandra Mallik told BSS.