By the aiming of Green Bangladesh, Trust Bank PLC. introduced a green product ‘TRUST SHUFOLA’ for financing in Renewable Energy, Energy Efficiency, Effluent Treatment plant, Recycling plant, Safety and Securities Factories, Green Industries and Improve Brick Kiln plant/ project which can directly or indirectly contribute to the reduction of carbon emissions and increase financial inclusion.
Over the years, Trust Bank has taken a number of great moves to expand its diversified services aiming to help millions of rural populations. In view of what, Trust Bank PLC. added a new product named ‘TRUST PRANTIK’ for expansion of income generating activities by bringing the unbanked segment of population under the banking network and also to gear up economic activities in the rural areas and increase financial inclusion. It is also designed for targeting the people of natural disaster affected area’s/ low income people, landless farmers, Small/ Marginal or micro entrepreneurs. They will start their banking relationship by opening a 10 taka account with the bank as per BB circular.
CLASSIFICATION OF SUSTAINABLE FINANCE:
The graphical representation is portraying our strategic vision on sustainable finance:
Green Finance Product:
Some popular products of BB Refinance Scheme (BDT 04 billion)/ Green finance/investment as per BB guidelines;
|
Sector Name |
Product Name |
Loan Amount |
Maximum Tenor |
|---|---|---|---|
|
Renewable Energy |
Solar Energy |
Max. 30 cr. |
08 years with grace period |
|
Biogas |
Max. 02 cr. |
05 years with grace period |
|
|
Wind/Water Power |
Max. 05 cr. |
10 years with grace period |
|
|
Waste Management/ETP |
Liquid Waste Management |
Max. 15 cr. |
10 years with grace period |
|
Solid Waste Management |
Max. 20 cr. |
08 years with grace period |
|
|
|
|||
|
Recycling & Recyclable Product |
Recycling & Recyclable Product/plant |
Max. 10 cr. |
06 years with grace period |
|
|
|||
|
Environment friendly Brick production |
Compressed Block/ Autoclaved |
Max. 10 cr. |
07 years with grace period |
|
Environment friendly/HHK/Tunnel Kiln/ equivalent technology |
Max. 40 cr. |
08 years with grace period |
|
|
|
|||
|
Environment friendly structure |
Green Industry/Building |
Max. 80 cr. |
10 years with grace period |
|
Green featured Building |
Max. 20 cr. |
||
|
|
Affordable Green Housing |
Max. 30 cr. |
|
|
|
|||
|
Energy Efficiency project |
Installation energy audit certified machineries |
Max. 20 cr. |
08 years with grace period |
|
Auto sensor/LED Light |
Max. 05 cr. |
05 years with grace period |
|
|
Waste Heat Recovery System |
Max. 20 cr. |
||
|
|
|||
|
Miscellaneous |
Ensuring Safety and Work Environment of Factories |
Max. 05 cr. |
05 years with grace period |
|
Palm Oil Plant |
Max. 1.50 cr. |
05 years with grace period |
|
|
Vermicompost |
Max. 03 lacs |
04 years with grace period |
|
|
|
|||
|
Green Agriculture |
Forestation, Organic Farming/ Rooftop/Vertical Farming or Gardening, Fish cultivation in cage/ Bio-flock/Integrated Recycling System (IRS), Coastal aquaculture, Floating system cultivation. |
Project cost |
04 years with grace period |
|
|
|||
|
Green CMSME |
Cottage Industry |
Project cost |
05 years with grace period |
|
Green Transformation Fund (GTF) |
400 million (USD 200 & Euro 200) |
10 years with grace period |
|
|
Green Transformation Fund (GTF) in BDT |
200 million |
10 years with grace period |
|
|
|
|||
|
Technology Development/Upgradation Fund (TDF) |
BDT 1,000.00 Crore |
10 years with grace period |
|
(amount & product time to time updated by Bangladesh Bank)
