BB directs banks to prioritize smart card holders, rain-hit farmers for agro-loans
, June 2 -- In a major boost to financial inclusion and disaster recovery, Bangladesh Bank (BB) on Tuesday directed all scheduled banks to prioritize marginal and landless farmers holding
"Farmer Smart Cards" and those recently hit by pouring summer rains for low-interest loans.
The central bank issued a comprehensive circular on the matter to the managing directors and chief executive officers of all commercial banks. The directive, signed by Md. Iqbal Mohsin, Director of the Financial Inclusion Department (FID) of BB, aims to streamline the disbursement of credit under the central bank's ongoing refinancing scheme tailored for low-income professionals, marginal farmers, and small businesses holding Tk 10, Tk 50, or Tk 100 bank account...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.