Loan disbursement by banks and financial institutions in the sustainable finance sector has increased by 138%, equivalent to Tk55,626 crore, in the first quarter, to maintain good ratings. According to the Quarterly Review Report on Sustainable Finance by the Bangladesh Bank, loans disbursed in the green and sustainable finance sector in January-March of 2024 totaled Tk95,935
One of the major areas of financing for banks and NBFIs is industrial projects such as steel, paper, cement, chemicals, fertilisers, power, and textiles, which cause maximum carbon emissions.
Citizens Bank recently signed a participatory agreement with the Bangladesh Bank under the “Technology Development /Upgradation of Export Oriented Industries” refinance scheme at the BB headquarters in Motijheel.
DBH Finance holds session on green affordable housing in Bangladesh dhakatribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dhakatribune.com Daily Mail and Mail on Sunday newspapers.
Bangladesh's vulnerability to climate change makes sustainable finance increasingly important, with its focus on environmental goals through financial regulations, standards, and products.