BB unveils refinance policy for tech upgradation of industries

Staff Correspondent

18 January, 2021 12:00 AM printer

Bangladesh Bank (BB) has unveiled a detailed refinance policy to support sustainable development and technology upgradation of export-oriented industries.

The sustainable finance department of Bangladesh Bank sent a circular in this regard to the top executives of the scheduled banks and non-bank financial institutions on Sunday.

The central bank has formed a Tk 10 billion refinance fund for the export-oriented industries to help modernize capital machinery and enhance the ability to use environment-friendly technology in light of Bangladesh Export Policy 2018-21.