Sustainable Finance

Bangladesh is one of the promising countries towards attaining SDGs on action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030. To attain the goals Sustainable Finance plays a significant role. Sustainable Finance contains Green Finance, which is one of its components along with Agriculture, CMSME and Socially Responsible Finance linked to sustainability. Our mission is “To reach out our financial services to the wider sections of populace as part of our contribution towards inclusive, sustainable and quality growth’’.

As we believe in sustainable development, in line with the Sustainable Development Goals we have designed our products and services for Sustainable Finance as under:

Green Brick

Environmentalists and researchers have constantly discouraged the severe effect of conventional method of brick manufacturing. The toxic smoke-emitting brick kilns are a well-known havoc to the environment and farmlands all over the country. To promote environmental brick production, Bangladesh finance has come up with this innovative product which features are given below:

  • Focus group: Environment friendly brick manufacturers
  • Loan tenure: 2 to 5 years
  • Interest rate: up to 7.5%
  • Debt-equity ratio: 80:20
  • Preferred projects: Compressed block-brick, Foam concrete brick, Environment friendly/Brick kiln efficiency improvement project.

Green Loan

Bangladesh Finance has introduced range of loan facilities under ‘Green loan Services’ and the features are given below:

  • Loan tenure: 2 to 5 years
  • Interest rate: up to 7.5%
  • Debt-equity ratio: 80:20
  • Projects: Renewable energy (Solar power, Bio-gas, Air electricity, Water electricity), Energy and resource efficiency, Alternative energy, Liquid and solid waste management, Recycling and manufacturing of recyclable goods, Environment friendly establishments.

Technology Upgradation

There is no alternative to the modernization of industrial machinery and technological development for increasing the competitiveness of export-oriented industries in the international market. Therefore, Bangladesh Finance has come up with this innovative investment plan which includes following features:

  • Focus group: Export oriented industry
  • Loan tenure: 3 years to 5 years
  • Interest rate: Up to 5.5%
  • Debt-equity ratio: 70:30
  • Prioritized sectors: Denim and Garment accessories, ICT products, Pharmaceuticals, Plastic products, Leather products, Jute products, Agro products, Ship manufacturing, Furniture, Home textile, Home furnishing, Luggage, Active pharmaceutical ingredients., Electronics products, Ceramic products, Light engineering products, Cold storage fisheries, Papad, Printing and packaging, Jewelry polishing, Paper products, Rubber, Silk products, Handicraft products, Cotton industrial products, Coconut husk products, photovoltaic module, Cashew nut, Processed crab, Toys, Agor.

CLASSIFICATION OF SUSTAINABLE FINANCE

Followings are some graphical representation depicting our strategic objectives.  Going forward, we would like to include sustainable finance and transition to green culture with this and implement them within the stipulated framework.

STRATEGIC OBJECTIVES

Followings are some graphical representation depicting our strategic objectives.  Going forward, we would like to include sustainable finance and transition to green culture with this and implement them within the stipulated framework.

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