Clients can avail of one-year liquidity support for payment of wages, utilities and other operational expenses under the programme, with a moratorium period of three months.
The programme was designed after consulting renowned buyers, enabling enhanced liquidity support for clients in a challenging environment, the bank said in a press release.
Naser Ezaz Bijoy, chief executive officer of Standard Chartered Bangladesh, thanked the central bank for the support that allowed it to offer the low interest USD-denominated loans to exporters.
"As the largest international bank in the country, with our unique global network and our relationship with buyers, we had an important role to play during this crisis," he added.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
