CMSMEs receive spot loans

As part of a Bangladesh Bank initiative, a focus group discussion with beneficiaries of the BDT 25,000 crore prefinancing scheme and an open loan distribution programme was held in Sylhet to offer spot loan facilities to CMSME entrepreneurs. The initiative, initially launched under Bangladesh Bank’s refinancing scheme and later converted

EBL to offer term loan facilities for CMSMEs

Eastern Bank Ltd (EBL) has recently signed an agreement with Bangladesh Bank for providing term loan facilities to Cottage, Small and Medium Enterprises (CMSME) customers at 7percent interest rate, under CMSME Refinance Scheme of the central bank, a press release said Thursday. Ali Reza Iftekhar, MD and CEO,EBL  and Md.

BB, BRAC Bank sign agreement on Covid-19 refinancing to CMSMEs

An agreement has been signed between Bangladesh Bank and BRAC Bank to provide refinancing facilities to the cottage, micro, small and medium enterprises (CMSMEs) under Covid-19 Stimulus Package. Says in a press release on Saturday Md Abdul Wahab, General Manager, Project Implementation Unit (Covid-19 ECRF), SME & Special Programmes Department of

BRAC Bank to organize training for CMSMEs

BRAC Bank will organize special training programme for the potential entrepreneurs in cottage, micro, small and medium enterprises (CMSMEs) sector under supervision and technical assistance of Bangladesh Bank (BB). The special grooming initiative titled ‘Entrepreneurship Development Programme’ was formally launched by Bangladesh Bank at a ceremony on February 23, 2022 at

Bank Asia distributes Tk 5cr to CMSMEs

Bank Asia has distributed the Tk five crore to CMSME entrepreneurs as a partner of “Credit Wholesaling Program” of SME Foundation under the 2nd stimulus package announced by the Government, said a press release. Industries Minister Nurul Majid Mahmud Humayun, MP was present as the chief guest of the program that