LankaBangla Finance Limited has signed a deal under the incentive package announced by the government to distribute loans at the entrepreneurial level from the ‘revolving fund’ made up of discounted funds administrated by Prime Minister in favor of the SME Foundation, a press release said Saturday.
The signing ceremony was held recently at the Padma Hall of Hotel Pan Pacific Sonargaon. Under this agreement, Entrepreneurs of potential sectors, sub-sectors and clusters, clientele groups, members of associations and chambers and women entrepreneurs will get loans from the revolving fund under the credit wholesaling program of the foundation.
Sheikh Mohammad Salim Ullah, secretary of the financial institutions department of the Ministry of Finance was present as the chief guest at the contract signing ceremony under the chairmanship of SME Foundation chairman.
Professor Dr. MD Masudur Rahman, Khairuzzaman Mozumder, additional secretary of finance division, ministry of finance; AKM Sajedur Rahman Khan, Deputy Governor Bangladesh Bank; Khwaja Shahriar, MD of Lankabangla Finance; Md. Kamruzzaman Khan, head of SME of Lankabangla Finance were also present.
