FIs asks to extend loan to socially disadvantaged people

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Staff Reporter :
Bangladesh Bank (BB) Governor Dr Atiur Rahman Tuesday called upon the commercial banks and non-banking financial institutions (NBFIs) for taking necessary measures to extend loan facilities for socially disadvantaged people in the country.
“We’re now implementing the financial inclusion programmes across the country aiming to bring more people, particularly low-income group, in the banking sector for ensuring sustainable economic development,” BB Governor Dr. Rahman said while addressing a loan-signing ceremony at the central bank headquarters in the city.
Midland Bank Limited and Palli Karma Unnayan Sangstha (PKUS) singed the loan agreement. Ahsan-uz-Zaman, Managing Director of the Midland Bank and Yunus Khan, Executive Director of the PKUS has singed the deal on the behalf of their respective organisations. Under the deal, the MDB is to finance Tk 10 million to 236 disadvantaged people, including third gender, generally known as Hijra, disabled, socially disadvantaged women and ethnic (Rakhine) group for a five-year term. The loan is payable in quarterly installment.
Addressing as the chief guest, the governor said, the central bank had taken initiatives to provide such loans to the disadvantaged people of society including third gender, generally known as hijra, for mainstreaming them in economic activities for improving their livelihoods.  
Earlier on June 10 this year, the central bank asked the banks and NBFIs to extend their credit facilities to entrepreneurs who are classed as Hijras or hermaphrodites under the small and medium enterprise category of customers.
Third gender and third sex is the concept that individuals are categorised, by their will or by social consensus, as neither man nor woman. In 2013, the government recognised the Hijras as the third gender to ensure their rights, enabling them to identify their gender in documents such as passports. In 2009, Bangladesh allowed hijras to vote for the first time. There are at least 10,000 Hijras in the country, according to official estimate.
Nirmal Chandra Bhakta, Executive Director of BB, Asad Khan, Chairman of Bangladesh Leasing and Finance Companies Association (BLFCA), and Nasrin Ara Surat Amin, Additional Secretary and Managing Director of the National Foundation for Development of the Disabled Persons under the Ministry of Social Welfare, also spoke on the occasion.
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