Related Keywords: Bangladesh Bank, Bangladesh jute industry, block account, commercial banks, exporters, Extended Development Fund, jute millers, Ministry of Textile and Jute, refinance
The Ministry of Textiles and Jute at a number of meetings highlighted the urgency for refinancing the jute millers and urged the Bangladesh Bank to introduce the block account facilities to the millers to keep the sector stable.
Bangladesh Bank (BB) to help private jute millers and exporter overcome the acute liquidity crisis which put most of mills in dreadful straits has directed the commercial banks to provide "Block Account" loan facilities.
