JB spl lending plan for leather-tech graduates
Thursday, 22 April 2010
FE Report
Janata Bank Ltd (JBL) Monday launched a Tk 70 million special loan disbursement programme for leather-tech graduates and non-graduates to boost the country's footwear and leather industry.
SM Aminur Rahman, chief executive officer and managing director of the state-owned Janata Bank Ltd, said : "We are going to disburse Tk 30 million collateral free loans to seven small graduate entrepreneurs of Bangladesh College of Leather Engineering and Technology under a model pilot project.
"They have been selected through a baseline survey conducted by Bangladesh Bank Governor Atiur Rahman," he added.
"We'll disburse Tk 40 million as house-building loan with collateral to ensure a healthy environment," he added.
"Besides, we'll provide Tk 6.0 million for capacity building from our corporate social responsibility (CSR) fund," he said.
SM Aminur Rahman was speaking at a workshop held at JBL head office in the city Monday.
"The loan package and grants will be used for the dedicated credit lines and other facilities- linkage finance, common finance, relocation of linkage factories, special workers scheme and poverty alleviation scheme-will also be provided."
JBL will run the pilot project in association with Bangladesh Leather Service Promotion Council (BLSPC) and Bangladesh Leather Service Centre (BLSC).
MJA Sufian, executive officer of JBL, told the FE : "The seven graduates have been selected through a baseline survey where Bangladesh Bank Governor Atiur Rahman was involved prior to his joining the central bank."
Janata Bank Ltd (JBL) Monday launched a Tk 70 million special loan disbursement programme for leather-tech graduates and non-graduates to boost the country's footwear and leather industry.
SM Aminur Rahman, chief executive officer and managing director of the state-owned Janata Bank Ltd, said : "We are going to disburse Tk 30 million collateral free loans to seven small graduate entrepreneurs of Bangladesh College of Leather Engineering and Technology under a model pilot project.
"They have been selected through a baseline survey conducted by Bangladesh Bank Governor Atiur Rahman," he added.
"We'll disburse Tk 40 million as house-building loan with collateral to ensure a healthy environment," he added.
"Besides, we'll provide Tk 6.0 million for capacity building from our corporate social responsibility (CSR) fund," he said.
SM Aminur Rahman was speaking at a workshop held at JBL head office in the city Monday.
"The loan package and grants will be used for the dedicated credit lines and other facilities- linkage finance, common finance, relocation of linkage factories, special workers scheme and poverty alleviation scheme-will also be provided."
JBL will run the pilot project in association with Bangladesh Leather Service Promotion Council (BLSPC) and Bangladesh Leather Service Centre (BLSC).
MJA Sufian, executive officer of JBL, told the FE : "The seven graduates have been selected through a baseline survey where Bangladesh Bank Governor Atiur Rahman was involved prior to his joining the central bank."