Under the stimulus package, the commercial banks will provide loans to industries and services institutions as working capital from their own fund on the basis of banker-customer relationship. The affected industries and services sector institutions could apply for loans under the package to any scheduled banks and financial institutions in the country. Bangladesh Bank’s account and budgeting department will operate the stimulus package. Individual bank has to decide the lending limit considering the contribution of the bank itself and potential investment demand. Of the four fiscal packages, Tk30,000 crore was set aside as a loan package at 9% interest to help businesses with working capital through banks.

Source: Dhaka Tribune April 12, 2020 15:45 UTC