IDCOL sign agreement with BB for utilising ‘Refinance Scheme for Green Products/ Projects/Initiatives’
Photo: Courtesy
Infrastructure Development Company (IDCOL) has signed a participation agreement with the Bangladesh Bank for utilising "Refinance Scheme for Green Products/Projects/Initiatives" to the tune of Tk400 crore.
IDCOL Executive Director & CEO Alamgir Morshed; Chief Investment Officer Nazmul Haque; Chief Risk Officer Mohammed Jabed Emran and the Industrial & Energy Efficiency Finance (IEEF) team of IDCOL, participated in the signing ceremony held at the central bank on 5 January.
Under this fund, the facility will be extended favoring IDCOL's clients to adopt various environment-friendly, renewable energy and related initiatives as per Bangladesh Bank SFD Circular No: 04 dated 24 July 2022.
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