Bangladesh Bank

Refinance Schemes:

Following refinance schemes are presently being operated by the Bangladesh Bank:

1. SME Refinance Scheme:

Following 03 funds are currently being in operation:

1. Bangladesh Bank Fund:

a) Total fund: Tk. 600.00 cr. (revolving)

b) Participation Agreement signed with 17 Banks & 23 Non-Bank Financial

Institutions (NBFI).

c) Tk. 853.15 cr refinance has been provided to 8317 enterprises till December 2009.

2. EGBMP (IDA) Fund:

a) Total fund: Tk. 116.00 cr. (revolving)

b) Participation Agreement signed with 18 Banks & 23 Non-Bank Financial

Institutions (NBFI).

c) Tk. 244.14 cr refinance has been provided to 2541 enterprises till December 2009.

3. ADB Fund:

a) Total fund: Tk. 202.00 cr. (revolving)

b) Participation Agreement signed with 13 Banks & 15 Non-Bank Financial

Institutions (NBFI).

c) Tk. 334.94 cr refinance has been provided to 3264 enterprises till December 2009.

List of PFIs (Banks & NBFIs) under SME Refinance Scheme

SME Refinance Scheme

List of PFIs (Participating Financial Institutions :Banks & NBFIs)

(till March 2010)

Sl. No. Name of Banks Sl. No. Name of NBFIS

Bangladesh Bank Fund

1. Dhaka Bank Ltd. 1. Peoples’ Leasing & Financial

Services Ltd.

2. Uttara Bank Ltd. 2. Fidelity Assets & Securities Co.

Ltd.

3. National Bank Ltd. 3. Oman Bangladesh Leasing &

Finance Ltd.

4. Premier Bank Ltd. 4. IIDFC

5. Jamuna Bank Ltd. 5. GSP Finance Co. Ltd.

6. Mutual Trust Bank Ltd. 6. Uttara Finance & Investment

Ltd.

7. Commercial Bank of Ceylon 7. National Finance Ltd.

8. One Bank Ltd. 8. IDLC

9. Eastern Bank Ltd. 9. United Leasing Co. Ltd.

10. NCC Bank Ltd. 10. Bangladesh Finance &

Investment Co. Ltd.

11. Mercantile Bank Ltd. 11. Phoenix Finance & Investment

Ltd.

12. Dutch-Bangla Bank Ltd. 12. MIDAS Financing

13. The Trust Bank Ltd. 13. Islamic Finance & Investment

Ltd.

14. Prime Bank Ltd. 14. Bangladesh Industrial Finance

Co. Ltd.

15. First Security Islami Bank Ltd. 15. Prime Finance & Investment

Ltd.

16. AB Bank Ltd. 16. National Housing Finance &

Investment Ltd.

17. The City Bank Ltd. 17. Union Capital Ltd.

18. South East Bank Ltd. 18. Premier Leasing & Finance Ltd.

19. International Leasing &

Financial Services Ltd.

20. Bay Leasing

21. Lanka-Bangla Ltd.

SME Refinance Scheme

List of PFIs (Participating Financial Institutions :Banks & NBFIs)

(till March 2010)

EGBMP (IDA) Fund

Sl. No. Name of Banks Sl. No. Name of NBFIS

1. Dhaka Bank Ltd. 1. Peoples’ Leasing & Financial Services Ltd.

2. Uttara Bank Ltd. 2. Fidelity Assets & Securities Co. Ltd.

3. National Bank Ltd. 3. Oman Bangladesh Leasing & Finance Ltd.

4. Premier Bank Ltd. 4. IIDFC

5. Jamuna Bank Ltd. 5. GSP Finance Co. Ltd.

6. Mutual Trust Bank Ltd. 6. Uttara Finance & Investment Ltd.

7. Commercial Bank of

Ceylon

7. Fareast Finance & Investments Co. Ltd.

8. One Bank Ltd. 8. IDLC

9. Eastern Bank Ltd. 9. United Leasing Co. Ltd.

10. NCC Bank Ltd. 10. Bangladesh Finance & Investment Co. Ltd.

11. Mercantile Bank Ltd. 11. Phoenix Finance & Investment Ltd.

12. Dutch-Bangla Bank Ltd. 12. MIDAS Financing

13. The Trust Bank Ltd. 13. Islamic Finance & Investment Ltd.

14. Prime Bank Ltd. 14. Bangladesh Industrial Finance Co. Ltd.

15. BRAC Bank Ltd. 15. Prime Finance & Investment Ltd.

16. AB Bank Ltd. 16. National Housing Finance & Investment Ltd.

17. South East Bank Ltd. 17. Union Capital Ltd.

18. Premier Leasing & Finance Ltd.

19. International Leasing & Financial Services

Ltd.

20. Bay Leasing

21. Lanka-Bangla Ltd.

22. First Lease International Ltd.

23. IPDC of Bangladesh Ltd.

SME Refinance Scheme

List of PFIs (Participating Financial Institutions :Banks & NBFIs)

(till March 2010)

ADB Fund

Sl. No. Name of Banks Sl. No. Name of NBFIS

1. The City Bank Ltd. 1. MIDAS Financing

2. Eastern Bank Ltd. 2. Uttara Finance & Investment Ltd.

3. One Bank Ltd. 3. Peoples’ Leasing & Financial Services

Ltd.

4. Mercantile Bank Ltd. 4. IDLC

5. The Premier Bank Ltd. 5. United Leasing Co. Ltd.

6. Prime Bank Ltd. 6. Premier Leasing & Finance Ltd.

7. Dhaka Bank Ltd. 7. International Leasing & Financial

Services Ltd.

8. NCC Bank Ltd. 8. Islamic Finance & Investment Ltd.

9. BASIC Bank Ltd. 9. Bay Leasing

10. BRAC Bank Ltd. 10. IIDFC

11. Bank Asia Ltd. 11. Bangladesh Finance & Investment Co.

Ltd.

12. The Trust Bank Ltd. 12. Fidelity Assets & Securities Co. Ltd.

13. AB Bank Ltd. 13. National Housing Finance & Investment

Ltd.

14. GSP Finance Co. Ltd.

15. Bangladesh Industrial Finance Co. Ltd.

One thought on “Bangladesh Bank

  1. Bangladesh Bank Housing Loan Refinance Scheme is now getting response
    Bangladesh Real Estate Apartment loan at 9% interest rate under Bangladesh Bank’s Housing Loan Refinance Scheme.

    Bangladesh Bank’s Housing Loan Refinance program in now getting responses after the central bank relaxed some conditions of the scheme in May this year.

    In May 15, 2008 the Bangladesh Bank has reduced the interest rate to 9 percent from 10 percent and raised the monthly income ceiling of borrowers at Tk 50,000 from Tk 30,000.

    Bangladesh Bank in the financial year 2007-08 launched the Tk.300 crore Housing Loan Refinancing Scheme for housing loan. But only Tk.7.79 crore was disbursed by the banks between July 2007 and April 15, 2008 out of Tk.100 crore earmarked for the fiscal period 2007-08.

    But on June 30, 2008, the refinancing figure stood at Tk.46.34 crore. According to Bangladesh Bank’s Statistics of the Tk.46.34 crore, Delta Brac Housing Finance Corporation Ltd (DBH), alone disbursed Tk.31.10 crore. The other major lenders are Industrial Development Leasing Company (IDLC) disbursed Tk.4.55 crore, Peoples Leasing and Financial Services Ltd disbursed Tk.3.87 crore and Mercantile Bank Ltd. disbursed Tk.1.11 crore.

    According to the revised policy, any person with a monthly income of less than Tk.50 thousands will only be eligible to get the housing (real estate apartment) loan upto Tk.20 lakh from 15 commercial banks and non-bank financial institutions either for buying or constructing an apartment of maximum 1,250 square feet in six divisional cities along with Tongi, Gazipur, Narayanganj and Savar areas.

    The scheme has barred government employees and others who are entitled to housing loans from their respective organizations from receiving the special housing loans and if a person has already taken housing loans from a bank or financial institution will also not be considered under the scheme.

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