Bangladesh Bank on Sunday signed an agreement with Bangladesh Krishi Bank (BKB) to finance the poor in urban slums to return home and become self-employed.
As per the deal, the central bank and the specialized agriculture bank will implement the government's ‘Ghare Phera Karmasuchi’ (return home program).
Under the agreement, Bangladesh Bank will provide Tk 2 crore to BKB from which to provide loan of Tk 30,000-Tk 40,000 to each poor living in the urban slums to return to their village to build residential house and get rehabilitated through self-employment.
The program is being run by the Prime Minister's Office (PMO).
Bangladesh Bank executive director Mahfuzur Rahman and BKB managing director Abdus Salam signed the agreement on behalf of their respective side at a simple ceremony at Bangladesh Bank,
Addressing at the function, Bangladesh Bank governor Dr Atiur Rahman said the main objective of the ‘Return Home Program” is to provide home to each homeless people.
He said the central bank has been trying to implement various humanitarian programs in the country's banking sector from its obligation of corporate social responsibility (CSR).
Dr Atiur said the Bangladesh Bank will provide more funds to the banks for implementing more such programs like that of “Return Home’.
BKB to finance poor in Return Home Program