BB eases 'risk-weighted' funding tenure in new investments

BB eases ‘risk-weighted’ funding tenure in new investments

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Such relaxations have been given to create an opportunity for low-cost financing to develop new businesses and investments, which will invigorate the economy.

The central bank on 29 September 2020 reduced the risk weighting during the adverse impact of the COVID-19 pandemic on the economy. The weighted exemption period for the venture capital and alternative investment sector was subsequently extended several times.

As a result, low cost funds have become available for start-ups, natural resources and real estate sector to create new entrepreneurial opportunities.

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