BB asks banks to provide loans to marginal groups

Bangladesh Bank (BB) on Sunday asked all banks to provide loans to the marginal groups including low-income professionals and small businessmen and the people affected by various natural disasters.

The central bank said it had issued the circular after observing that some banks were reluctant to provide loans to the marginal group people despite BB’s directive to do so.

BB earlier asked all banks to provide loans to the marginal group people, having Taka 10 accounts. The central also launched a Taka 200 crore revolving scheme for the purpose.

– BSS