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ICC Bangladesh banking commission meeting held

DHAKA, Nov 22, 2022 (BSS) - A meeting of the International Chamber of Commerce (ICC) Bangladesh Banking Commission was held

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RMG sector needs long-term sustainability plan: discussion

New Age, a Dhaka-based leading English language daily newspaper, is a major source of news of Bangladesh and international affairs

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NCC Bank, Bangladesh Bank ink deal on Green Transformation Fund

NCC Bank Ltd has signed a "Participatory Agreement" with Bangladesh Bank in Green Transformation Fund (euro) recently. Khondoker Nayeemul Kabir, managing director and CEO (CC) of NCC Bank Ltd and Khondkar Morshed Millat, general manager, sustainable finance department of Bangladesh Bank exchanged the agreement on behalf of their respective organisations, reads a press release.

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Bangladesh to be ostracised if coal not phased out

Bangladesh could be ostracised if it does not phase out coal-based power projects, Planning Minister MA Mannan said yesterday.

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Bangladesh RMG industry growing sustainably: BGMEA President

Sustainability is one of the core areas of concern for Bangladesh’s RMG industry

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Bangladesh RMG industry growing sustainably: BGMEA President

Bangladesh RMG industry growing sustainably: BGMEA President
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Bangladesh sees encouraging rise of green finance

Bangladesh sees encouraging rise of green finance
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BB inks deal with 14 banks, NBFIs-537987

Tk 10bn Refinance Fund For Export Sector
BB inks deal with 14 banks, NBFIs
Staff Correspondent
25th February, 2021 10:51:45
Bangladesh Bank (BB) on Thursday signed participation agreements with nine banks and five non-bank financial institutions (NBFIs) to implement a Tk 10 billion refinance scheme for export-oriented industries.
BB formed the refinance fund on January 17 this year in conformity of the ‘Export policy 2018- 21’ to enhance the competitive capacity and sustainability of export-oriented industries.
The fund would be granted for the development and upgradation of technology and capital machinery for energy-efficiency, automation, operations management, waste management; air, heat and water management, workplace management, human resource development and sales and marketing.

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Bangladesh Bank inks agreements with 14 banks, FIs-537938

Bangladesh Bank inks agreements with 14 banks, FIs-537938
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Sustainable Financing: BB sets minimum disbursement target

Banks and non-bank financial institutions (NBFIs) will have to disburse at least 15 per cent of their outstanding loans in the form of sustainable financing every year in order to promote the environment-friendly businesses. Of the 15 per cent, 2 percentage points must be in the form of green financing, according to a Bangladesh Bank notice. Under the sustainable financing,

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