BHUTAN DEVELOPMENT FINANCE CORPORATION LTD (BDFCL)

1. BHUTAN DEVELOPMENT FINANCE CORPORATION LTD (BDFCL)

2. BACKGROUND • 31st January 1988 • Small entrepreneurs/farmers • Industrial and Agriculture Development • RGOB-RMA regulates the overall operations

3. VISION • “To be strong, dependable and customer focused bank that provides much more than money, to ensure that businesses grow and succeed and our people enjoy a better tomorrow”

4. BDFCL Share Holding Pattern RGOB 93.50% • BOBL 3.75% BNB 1.25% • RICBL 1.50%

5. OPERATIONS • Head Office – Thimphu • 3 Regional offices - Western Region-Paro -Central Region- Trongsa -Eastern Region- T/gang 25 Branches nationwide 2 sub branch offices - Dagapela - Dramitse

6. CREDIT DELIVERY MECHANISM Board Level Central Credit Committee Head Office Credit Committee Eastern Region Regional Office Level Central Region Western Region Branch Office Level Branch Office Geog Credit (mobile banking) Geog Level Head Office Level

7. LOAN SCHEMES :Our Clients and Products 1. Landless, asset less 2. Without proper Thram 3. Without house who depend on other’s land 4. Who has skills and willingness to work hard 5. Who can work in groups and co-guarantee 6. No collateral and guarantee required 7. Amount up to Nu. 50,000 8. Interest rate 10% Group Guarantee Lending and Savings Scheme (GGLS) 1. Small-scale enterprises 2. Entrepreneurial skills 3. Willingness to work hard 4. Good credibility 5. Security 1times in rural areas 6. Amount up to Nu. 100,000 7. Interest rate 12-13% Small Individual Loan Scheme (SIL) 1. Small, Medium & large scale enterprises 2. Excellent entrepreneurial skills 3. Excellent credibility & character 4. Security required 1.5 times (commercial value) 5. Guarantee required if security is inadequate 6. Amount above Nu. 100,001 7. Interest rate 12-15% Commercial Agriculture & Industrial Loan Scheme

8. OTHER SERVICES Bank Guarantee 2. Deposits of various types with cheque facilities to be introduced soon

9. RURAL COVERAGE

10. THANK YOU