BB adds 3 green financing products

Bangladesh Bank has included three more products into its green banking refinancing scheme, which was initiated five years ago, following the expansion of environment-friendly activities in the country.

The products include central effluent treatment plant, waste heat recovery system and used lead acid battery recycling plant, said a Bangladesh bank circular issued yesterday.

Currently, a total of 47 products are being facilitated in 10 sectors under the programme.The credit limit is set at Tk15 crore for central effluent treatment plant, Tk5 crore each for waste heat recovery system and used lead acid battery recycling plant. The interest rate will be highest 9% for each product with one year grace period.