Saturday 23 September 2017
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thefinancialexpress
1 months ago

BB cuts interest rate of green transformation fund

Bangladesh Bank (BB) has reduced the interest rate of green transformation fund for export oriented textile and textile products and leather manufacturing industries to encourage the use of the fund. In order to encourage Authorised Dealers (ADs) to use the fund, it has now been decided that reduced interest rate six-month USD LIBOR plus 1 per cent shall be charged to ADs instead of existing six-month USD LIBOR plus 2.25 per cent against the financing, reports BSS citing a BB circular Thursday. The circ

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