The Bangladesh Bank on Thursday inked participation agreements with 32 commercial banks for Tk 5,000 crore Green Transformation Fund with the purpose of securing refinancing facilities under this fund.
According to a statement, the central bank has launched the refinance fund to accelerate green practices and sustain growth in manufacturing and export-oriented companies.
Bangladesh Bank’s Sustainable Finance Department organized the participation agreement signing ceremony which took place in the bank’s Jahangir Alam Conference Hall.
BB governor Abdur Rouf Talukder was present as chief guest on the occasion. In contrast, the deputy governor of Bangladesh Bank Kazi Saidur Rahman, executive director Md Khurshid Alam, director of the Sustainable Finance Department Chowdhury Liakat Ali, and other officials of the concerned department were present at the event.
On behalf of Bangladesh Bank, Chowdhury Liakat Ali, director, of the Sustainable Finance Department and respective managing directors or chief executives signed the agreement on behalf of their organization.
Moreover, the governor, deputy governor, managing director of Sonali Bank Limited on behalf of state-owned commercial banks, and managing director of Eastern Bank Limited on behalf of the private banks delivered speeches on the occasion.