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European Commission Asian Investment Facility News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bangladesh Bank reduces interest rate for Support Safety Retrofits and Environmental Upgrades

Interest rates reduced on French-powered RMG retrofits, reports claim.

French development agencyKfw development bankEuropean commission asian investment facilityBangladesh bankImage courtesySupport safety retrofitsEnvironmental upgradesGerman technical cooperationGarment exportersPparel exportersEadymade garment exportersPparel industry news

Bangladesh cuts French-powered RMG retrofits, upgrades credit scheme interest rate to 5 percent

Under the scheme, commercial banks will be able to borrow funds from Bangladesh Bank at a 2.5 percent interest rate and lend to factory owners at 5 percent

French development agencyKfw development bankEuropean commission asian investment facilityBangladesh bankSupport safety retrofitsEnvironmental upgradesGerman technical cooperationEu aif

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