Bangladesh Bank (BB) has signed an agreement with 32 commercial banks to accelerate the disbursement of the Green Transformation Fund (GTF) of Tk 5000 crore.
The central bank has introduced a refinancing fund of Tk 5,000 crore in the name of the Green Transformation Fund (GTF) for the acceleration of green practices and sustainable growth in export-oriented and manufacturing industries.
The Sustainable Finance Department of BB organised a participation agreement signing ceremony at Jahangir Alam Conference Hall of BB headquarter on Thursday.
Thirty-two banks participated in the ceremony with the aim of getting a refinancing facility under this fund.
Governor Abdur Rouf Talukder was present as the chief guest on the occasion. Deputy Governor of Bangladesh Bank Kazi Saidur Rahman, Executive Director Md. Khurshid Alam, Director of the Sustainable Finance Department Chowdhury Liakat Ali, and other officials of the concerned department were present in the agreement signing ceremony.
On behalf of BB Chowdhury Liakat Ali, Director of, Sustainable Finance Department, and respective Managing Directors and Chief Executive Officers signed the agreement on behalf of their respective organisations.