Film-makers to get low-interest loan

Posted by BankInfo on Tue, Jun 19 2012 05:55 am

The government has decided to provide low-interest loan to the potential entrepreneurs of the country’s film industry.

The decision came on Thursday at a meeting at the information ministry with SM Harun Rashid, joint secretary of the ministry, in the chair.

The meeting decided that the film industry entrepreneurs would get loans of Tk 6 million to Tk 10 million from the commercial banks with an interest rate of less than two percent.

“Bank loans will be provided to the persons who are engaged in film making and distribution” a senior official of the information ministry said.

He also said that the government has already decided to include the film industry in the Small and Median Industry category as per the national industry policy -2010.

Concerned officials of Bangladesh Bank, National Board of Revenue (NBR) and information ministry, filmmakers-- Morshedul Islam and Catherine Masud were present at the meeting.

The Daily Sun/Bangladesh/ 19th June 2012

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