BB's fund for increasing export oriented textile, leather sector

Bangladesh Bank (BB) has established the Green Transformation Fund (GTF) to accelerate sustainable growth in export oriented textile and leather sectors conducive to transformation of green economy in the country.

"It has been decided to stipulate a provision for a participation agreement to be signed between Bangladesh Bank and intended ADs (Authorised Dealer) to further fortify the financing arrangement under GTF," said a BB circular here today.

ADs have to apply in written to general manager, sustainable finance department, Bangladesh Bank, head office to enter into the agreement.
ADs are advised to take necessary initiatives for entering into participation agreement under GTF immediately.

BSS/LY