17 banks join with Tk 41,000Cr
Ten more commercial banks have signed participation agreements with Bangladesh Bank to join the second phase of a Tk 41,000 crore stimulus and refinance package, bringing the total number of participating lenders to 17.
The facility is part of a broader Tk 60,000 crore integrated liquidity support framework launched by the central bank to curb inflation, restore financial discipline, and inject affordable credit into productive sectors.
Under the arrangement, commercial banks will deploy surplus liquidity into priority pre-financing and refinancing programs at concessional interest rates.
The agreements were signed on Thursday at the Bangladesh Bank headquarters in Motijheel, with Deputy Governor Dr. Md. Kabir Ahmed attending as the chief guest. Md. Abdul Mannan, Director of the Research and Data Management & Analytics Department, signed on behalf of the central bank alongside managing directors of the participating institutions.
The ten institutions joining in this second phase are Agrani Bank, Rupali Bank, Jamuna Bank, Mercantile Bank, Mutual Trust Bank, NCC Bank, Prime Bank, Southeast Bank, Trust Bank, and Uttara Bank.
They join seven major lenders Sonali Bank, Bank Asia, Eastern Bank, City Bank, Dutch-Bangla Bank, Pubali Bank, and BRAC Bank that signed on during the initial phase on August 20.
Out of the total Tk 60,000 crore pool, Tk 41,000 crore will be channeled directly from commercial banks’ excess reserves into five designated sectors.
The largest chunk of Tk 20,000 crore has been allocated for pre-financing closed industries and services, followed by Tk 10,000 crore for food security, agricultural production, and rural job creation.
Additionally, Tk 5,000 crore is set aside for CMSME working capital, Tk 3,000 crore for developing an agro-based economic hub in North Bengal, and Tk 3,000 crore for export diversification.
The remaining Tk 19,000 crore will be directly funded from Bangladesh Bank’s internal resources across ten specialized schemes.
Highlighting the overarching objective, Deputy Governor Dr. Kabir Ahmed noted that directing surplus commercial bank liquidity into priority production channels will play a crucial role in reining in inflation, sustaining employment, and driving broader macroeconomic recovery.
