Dhaka, Bangladesh (BBN) – The central bank of Bangladesh has issued one more licence in non-banking financial institutions (NBFIs) sector to Bangladesh Infrastructure Finance Fund Limited (BIFFL) to facilitate the country’s infrastructural development activities.

“We’ve issued the licence to the company in compliance with the finance ministry’s advice,” a senior official of the Bangladesh Bank (BB) told BBN, adding that the BIFFL will help finance different infrastructure projects across the country.

The state-run BIFFL will emerge as the country’s 31st NBFI, and it has already started preparation to launch its activities, the BB official added.

On February 06, 2011 the BB issued licence to Agrani SME Financing Company Limited to facilitate the country’s small and medium enterprises (SME) sector.

BBN/SSR/AD-27Oct11-9:29 am (BST)