Agrani Bank to finance sustainable energy projects

The board of directors of Agrani Bank Limited approved policy for a new loan scheme for setting up sustainable energy projects such as solar energy projects, bio-gas and effluent treatment plants (ETP), said a press release.

The approval came at its 139th board meeting presided over by Chairman of the bank Khondoker Bazlul Hoque recently. Directors, Managing Director-cum-CEO Syed Abu Naser Bukhtear Ahmed, deputy managing directors, general mangers and company secretary of the bank were also present at the meeting.

With a target of implementing self-reliant and digital Bangladesh, the bank has adopted this loan scheme considering it a thrust sector of the government and to enhance utilisation of solar energy to meet up the shortage of electricity and gas as an alternative environment friendly fuel. Agrani Bank initiated this scheme first among the public banks.

The board advised the bank management to establish solar panel at the head office immediately and to introduce loan scheme for female entrepreneurs at easy terms.