Breaking News
September 19, 2018 - Md Shafiqur Rahman Patwary, Chairman of the Insurance Development and Regulatory Authority (IDRA), unveiling two books ‘Jibon Bima’ ‘Sadharan Bima’ published by Corporate Training Institute Expert Academy at IDRA auditorium in the city on Monday. Dr Mohammad Sohrab Uddin, Actuary of IDRA and other distinguesh from different sector were also present.
September 19, 2018 - Rajesh K Surana, CEO of Lafarge-Holcim Bangladesh, presiding over a roundtable discussion on ‘Improving Safety in Construction Sector’ at a city hotel on Saturday. Architect Professor Dr Nizamuddin Ahmed of BUET, Mohiuddin Babar, Communication Consultant of the company and experts from different organizations also took part in the discussion.
September 19, 2018 - GDP growth hits record 7.86pc, per capita income US$ 1,751
September 17, 2018 - Nilufer Zafarullah, MP, Vice Chairman of the Board of Directors of Midland Bank Limited presiding over its 5th Annual General Meeting at a city auditorium recently. Md. Ahsan-uz Zaman, Managing Director and Mohammad Masoom, AMD of the Bank were also present. The AGM approves 10 pc stock dividends for the year 2017 for its shareholders.
September 17, 2018 - PM opens two bridges on Teesta, Titas rivers
September 17, 2018 - Amir Khasru to face ACC grilling
September 17, 2018 - ‘Jukta Front’s proposals over national unity contrary to constitution: Tofail
September 17, 2018 - EC to conduct polls, govt to do routine work: Quader
September 17, 2018 - Shajahan seeks highest punishment for 21 August culprits
September 15, 2018 - ASM Mainuddin Monem, Deputy Managing Director of Abdul Monem Limited, receiving the CIP card of 2016 for the substantial contribution of the group to the commerce in the country from Industries Minister Amir Hossain Amu, at a hotel in the city on Thursday.
September 15, 2018 - Bangladesh moves up three spots in Human Development Index
September 15, 2018 - New chair and Vice chair of NCC Bank
September 15, 2018 - UITS gets ICT Awards
September 15, 2018 - Daily Tk 994cr transacts thru mobile banking
September 15, 2018 - 56 businessmen get CIP cards
September 15, 2018 - Sheikh Hasina’s birthday to be dedicated to poor people: Quader
September 15, 2018 - Vote for boat to keep development going: Shajahan
September 14, 2018 - Bangabandhu Sheikh Mujibur Rahman Agricultural University gets Islamic Development Bank (IDB) Innovation Technology Awards for wheat research programme. Prof Dr Md Tofazzal Islam of the University receives the award from Prime Minister Sheikh Hasina and IDB President Dr Bandor MH Hazza on behalf of the University at a function in Hotel Radisson Dhaka on Sept 7, 2018.
September 14, 2018 - Hotel InterContinental Dhaka inaugurated
September 14, 2018 - No bar to hold polls as political situation stable: Mahmood
September 14, 2018 - No one will remain homeless in Bangladesh within 2021: Shahriar
September 13, 2018 - Dr. Anwer Hossain Khan, EC Chairman of Shahjalal Islami Bank Limited, presiding over its 752nd meeting at its head office in the city recently. Akkas Uddin Mollah, Chairman of the Board of Directors, Farman R Chowdhury, Managing Director, Khandaker Shakib Ahmed, Md. Sanaullah Shahid, Mohiuddin Ahmed, Engineer Md. Towhidur Rahman and Mohammed Younus, Directors of the Bank were also present.
September 13, 2018 - MohammodiKhanam, CEO of Prime Insurance Company Limited congratulates M. S. Zaman, Managing Director of MicroFibre Group for receiving the commercially important person (CIP) status from Commerce Minister Tofail Ahmed for making exceptional contributions to the country’s economy.Prime Insurance Company Limited is thrilled to be the insurance partner of MicroFibre Group.
September 13, 2018 - Dr. Engr. Rashid A. Chowdhury, Chairman of Bangladesh Commerce Bank Limited, attends a workshop on “Prevention of Money Laundering & Combating Terrorist financing” organized by Muradpur Branch in Chittagong at its premises recently. Zafar Alam, Managing Director (CC), Kazi Md. Rezaul Karim, DMD of the Bank and Md. Mobarak Hossain, Principal of the Bank’s Training Institute were also present.
September 13, 2018 - 56 entrepreneurs gets CIP cards today
September 13, 2018 - Traffic problem of Dhaka to be resolved gradually:PM
September 13, 2018 - ‘Prosecution proves charges against Aug 21 attack accused beyond doubt’
September 13, 2018 - PMO accords reception to officials
September 13, 2018 - Proposed Transport Act to be placed in JS on Sunday: Quader
September 12, 2018 - BKB holds managers’ conference in Khulna
BHBFC to disburse credit among farmers to build model house

BHBFC to disburse credit among farmers to build model house

DHAKA: Bangladesh House Building Finance Corporation (BHBFC) has taken a plan to disburse credit among farmers under the ‘Krishak Abashan Reen’ programme for constructing their houses with a specific model called ‘Koto System’.

“We’ve already got approval from the Finance Ministry in this regard. We’re going to work with a private company for transferring the Koto System to the farmers,” BHBFC Managing Director Debasish Chakrabarty told..

Like Malaysia, Vietnam and Singapore, he said, the house will be popular in the country as the construction cost of the eco-friendly house is very low.

“The construction cost will reduce to Tk 800 per square feet from the existing Tk 2,000 or Tk 1500, and the house will help protect arable land,” he said.

Debasish said construction of unplanned structures for housing purpose is destroying arable land in rural areas every year.

He said BHBFC will provide the loan at single digit (8 percent) interest rate so that farmers can easily build their houses.

BHBFC is now offering 9.5 percent interest rate for Dhaka and Chattogram metropolitan areas while 8.5 percent for other areas. But, BHBFC has sent a proposal to the Finance Ministry to lower the interest rate to 9 percent for Dhaka and Chattogram metropolitan areas.

Debasish said the Islamic Development Bank (IsDB) is likely to start releasing Tk 1,000 crore soft loan for BHBFC to extend the housing credit programme across the country, particularly in rural areas.

“The formalities of releasing the loan are underway. We expect that IsDB would release the loan in October this year. The loan will be given to middle- and lower-income people of the rural areas for construction of multi-storey residential buildings,” he added.

Finance Minister AMA Muhith and IsDB President Bandar MH Hajjar signed an agreement in this regard at the 43rd annual meeting of IsDB in Tunisia in April this year.

Debasish said BHBFC will provide low-cost home financing to lower-income rural people through the IsDB assistance.

He said the loan will play a vital role to implement the planned housing programme in rural areas as the construction of unplanned houses is severely affecting arable land across the country.

The managing director informed that BHBFC is offering seven types of products to take the services of the corporation to people.

The products are Nagar Bondhu, Nagar Bondhu Flat, Palli Ma, Abashan Unnyan Reen, Abashan Meramat Reen, Probash Bondhu and Krishak Abashan Reen.

He said BHBFC disbursed Tk 360.02 crore in fiscal 2017-18, while Tk 278.51 crore in fiscal 2016-17 and Tk 247.98 crore in fiscal 2015-16.

BHBFC is giving training to its field-level officials to increase the standard of its loan services. As a result, realisation of loans from borrowers has significantly increased, he added.

Debasish said BHBFC has also opened a helpdesk for giving information and resolving problems of its borrowers.

About author

Leave a reply

You must be logged in to post a comment.

AWARD

Reflection Team

বাংলা

স্যান্ডউইচের দামে দেহ বিক্রি করছেন গ্রিক নারীরা!

স্যান্ডউইচের দামে দেহ বিক্রি করছেন গ্রিক নারীরা!

ভেঙে পড়ছে গ্রিসের অর্থনীতি। দুই মেয়াদে ক্ষমতায় এসেও সিপ্রাস সরকার চিত্রটা পাল্টাতে পারেনি। দিন দিন বাড়ছে বেকারত্ব। গোটা দেশটার আর্থ-সামাজিক…

Recent Video

Photo Gallery

Folder not found
wp-content/uploads/2012/02/