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The Financial Express

Central bank launches Tk 5.0b scheme for returnee expats

| Updated: January 03, 2022 21:17:20


Central bank launches Tk 5.0b scheme for returnee expats

Bangladesh Bank (BB) has created a Tk 5.0 billion refinance scheme to generate employment and to eliminate poverty for the expatriates who have returned home due to Covid 19 pandemic and other reasons.

The central bank gave the information in a circular on Monday, reports BSS.

The interest rate of this lending facility will be 6 per cent and the tenure of the scheme is a maximum of three years.

The scheme was formed under the stimulus package that was announced to deal with the possible economic shock from the shutdown enforced for curbing the spread of COVID-19.

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