Refinancing/on lending scheme of USD 200 million and Euro 200 million under Green Transformation Fund(GTF). Ref: SFD Circular No. 03 dated 08-Jul-2020.

Website: www.bb.org.bd

Sustainable Finance Department
Bangladesh Bank
Head Office, Dhaka

SFD Circular No. 03 Date:July 08, 2020/Ashar 24, 1427

Managing Director/Chief Executive Officer
All Scheduled Banks in Bangladesh

Dear Sir,

Refinancing/on lending scheme of USD 200 million and
Euro 200 million under Green Transformation Fund(GTF)

Please refer to FE Circular No. 02 dated January 14, 2016, its subsequent circular/circular letters and FE Circular No. 20 dated April 15, 2020 issued by Bangladesh Bank(BB).

02. BB operates Green Transformation Fund(GTF) in US dollar for extending loans to Authorized Dealers(ADs) for on lending/refinancing to all manufacturer-exporters. As per above mentioned FE Circular No. 20/2020, Euro 200 million has been introduced to GTF with some additional facilities.

In view of the above context, existing and new PFIs intended to avail USD component as well as Euro component are advised to sign Participation Agreement(PA) with Sustainable Finance Department(SFD), BB as per PA format attached here-with.

In case of PFIs, who earlier signed PA with BB and now intend to avail only USD component, are not required to sign PA as per new format mentioned above.

Yours faithfully,

Enclo: Participation Agreement (Khondkar Morshed Millat)

Sd/-
General Manager
Phone: 9530320
email: morshed.millat@bb.org.bd
gm.sfd@bb.org.bd

Source: https://www.bb.org.bd/mediaroom/circulars/gbcrd/jul082020sfd03e.pdf

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