The Bangladesh Government Intends To Build A Separate Bank For The Garment Industry.

2011/8/11 18:25:00 40

Bangladesh Garment Industry Independent Bank

Now, Bangladesh clothing exporters will have their own.

Bank

。

After obtaining the approval of the prime minister's office, the exporters have started the preparatory work of the bank and submitted a formal application.

Prior to the end of May, Mr. Shafiul Islam, President of the Bangladesh garment manufacturers and Exporters Association (BGMEA), once stressed the need to establish a separate bank for the clothing industry. He said that if we want to continue to develop, the government should pay special attention to the clothing industry.

Siddiqur Rahman, vice president of Bangladesh garment manufacturers and Exporters Association (BGMEA), said that the clothing export industry accounted for 80% of the national export revenue.

Banks have also received considerable attention from the apparel industry.

profit

。

He said that if the Bangladesh clothing manufacturers and Exporters Association had a bank of their own, the bank would reduce the Commission because the motto of banks was that banks were not a profit-making institution.

These savings will be pferred to the members of the association.

He added, once we get it from the government,

Jurisdiction

Building a bank will not be a big problem, because all the members of the association are businessmen, and you know how to run a bank.

Members of the Bangladesh garment manufacturers and Exporters Association will manage banks and bank funds will be shared only by members of the association.