Bangladesh Bank's Tk 100cr refinance scheme for affected bus owners
Bangladesh Bank has decided to roll out a refinance scheme of Tk 100 crore to help bus owners affected by the restrictions on movements.
The central bank took the decision today to help the bus owners, as they faced huge economic losses due to movement restrictions and lockdowns in 2020.
Although the inter-district bus will start to run from tomorrow on a limited-scale, the transportation services remained suspended during the majority period of the ongoing restrictions to keep the coronavirus pandemic at bay.
The central bank fund for the bus owners will have low interest rate and it will be given through commercial banks, a Bangladesh Bank official said.
However, the rate is yet to be fixed and the highest rate will be a maximum of 5-6 per cent, he said.
A detailed policy will be issued soon, the official added.
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