ads will have to submit a written application to the general manager of the BB’s sustainable finance department bank at its Dhaka head office in order to receive loans. A circular released by BB has urged ADs to immediately take the necessary initiatives for entering into the participation agreement under GTF.
BB established the GTF worth $200 million to provide low-cost loans to companies belonging to textile and leather industries to make their production process more eco-friendly. Under GTF, textile and apparel industries will get loans for waste management, water conservation and management, recycling, water efficiency in wet processing, energy efficiency, and renewable energy. (KD)
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