BB creates Tk 500cr scheme for home return people due to Covid 19

Bangladesh Bank (BB) has created a Taka 500 crore refinance scheme to generate employment and to eliminate poverty for the people who have returned home due to Covid 19 pandemic and other reasons. 

The scheme has been formed under the stimulus package, announced by Prime Minister Sheikh Hasina, to deal with the possible economic shock from the shutdown enforced for curbing the spread of COVID-19, as per a BB circular issued on Monday.

The interest rate of this lending facility will be 6 percent and the tenure of the scheme is maximum three years.