Health insurance brings smile to RMG workers Garment worker Mira breathed a sigh of relief when she learnt last November that she would no longer have to bear her healthcare bills. Paying an annual premium of Tk 100, the worker of Millennium Textiles (Southern) and Fashion House Ltd in Ashulia

Banks disburse Tk 7,489cr farm loans thru high charging NGOs in FY17 Country’s commercial banks in last fiscal year disbursed Tk 7,489.52 crore in farm loans through their linked non-governmental organisations which charged an interest rate ranging from 24 per cent to 27 per cent for the loans. Farmers get

Tk 70,400cr loans rescheduled in last five years: BB Banks have rescheduled loans amounting to about Tk 70,400 crore of troubled borrowers over the last five years, putting extra pressure on the sector.“The rescheduling of loans has created extra stress on the banking system in recent times as this constitutes

BB opens GTF for all sectors Bangladesh Bank on Wednesday opened up its Green Transformation Fund (GTF) for all manufacturing and export oriented entities irrespective of sector. Earlier, the BB only allowed three sectors — textile, leather and jute — to access fund from the GTF to import capital machinery

Banks must release 30.0% of farm loans thru own network Bangladesh Bank is set to ask scheduled banks to disburse at least 30.0% of farm loan in their own capacity against fiscal target as some banks distribute their whole annual target of such loans through the linkage of non-governmental organizations.