BB signs deals with 10 more banks for green transformation fund

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Economic Reporter :
Bangladesh Bank (BB) has signed separate agreements with 10 more private banks to facilitate fund for a long-term financing under the “Green Transformation Fund for Export-oriented Textile and Textile Products and Leather Manufacturing Industries”.
Under the deals, the ten banks – Al-Arafah Islami Bank Limited, Bank Asia Limited, Exim Bank Limited, Modhumoti Bank Limited, Mutual Trust Bank Limited, NCC Bank Limited, NRB Bank Limited, Dhaka Bank Limited, South Bangla Agriculture and Commerce Bank Limited and Trust Bank Limited – would provide the long-term financing for transforming the export-oriented industries into green industries, said a press release recently.
BB’s Deputy Governor Shitangshu Kumar Sur Chowdhury presided over the agreement signing ceremony while general manager of Sustainable Finance Department Manoj Kumar Biswas, chief executives of related banks and senior officials of Bangladesh Bank were present.

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