TK 2 Billion Refinancing Scheme for Jute Sector

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Published on August 26, 2014
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The central bank will provide the refinance fund at the bank rate while the banks will disburse the loans and charge service fees. The committee will fix the maximum range of service charge for the banks. Earlier on October last year, Bangladesh Bank had announced a refinancing scheme for the jute sector in response to a request made by three ministries finance, jute and agriculture. A committee headed by SK Sur Chowdhury was formed to administer the scheme.
Dhaka Tribune

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