PKB, WEWB ink MoU to provide loan support to COVID-19 hit migrant workers

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DHAKA, July 12, 2020 (BSS) – Probashi Kallyan Bank (PKB) and Wage Earners’ Welfare Board (WEWB) today inked a Memorandum of Understanding (MoU) to provide loan support to the COVID-19 hit migrant workers.

Expatriates’ Welfare and Overseas Employment Minister Imran Ahmed attended the MoU signing function as the chief guest while Expatriates’ Welfare and Overseas Employment Secretary Dr Ahmed Munirus Saleheen attended as the special guest, said a press release.

Under the agreement, WEWB will give Taka 200 crore loan to PKB without interest and the bank will disburse the loan at a 4 percent interest.

Legal migrant workers or workers who send remittance legally or family of the migrant worker who died due to COVID-19 are eligible to get the loan.