bdnews24.com :
The Bangladesh Bank will give low-interest loans to plastic and leather industrialists to ensure proper work environment and security arrangements in their factories.
The loans would be given under the central bank’s refinancing programme in the renewable energy and environment sector, a circular issued by it said on Monday.
Entrepreneurs would get the loans at 9 percent interest from the central bank’s Tk 2 billion refinancing fund, from which banks have until now given loans for 47 products in nine sectors.
The latest addition pushes up the number of products to 49.
The circular said members of the Bangladesh Plastic Goods Manufacturers & Exporters Association (BPGMEA) and Leathergoods & Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) having their own factories can make use of the opportunity. The loans can be used for refinancing renovations, restructuring, replacing fire-extinguishing equipment, procuring fire-protection materials, roof improvement, and constructing water reservoirs with underground pumps.
