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<h1 class="entry-title">Tag: SME fund</h1>
03 Sep

Bangladesh Bank: Dollar crisis to end soon

According to Bangladesh Bank, the ongoing dollar crisis is not expected to last long as they will take measures to let the market dictate the greenback's exchange rate. But there is a difference between banks making profits and businesses making profits. They [banks] have to maintain many responsibilities and regulations. Encouraging sustainable banking for promoting sustainable [...]
01 Aug

Central bank announces BDT 25,000 Cr refinancing scheme for CMSME

The central bank has announced the formation of a refinance scheme of  BDT 25,000 crore for the cottage, micro, small, and medium enterprises (CMSME) sector from the bank's own funds. According to a circular of the Bangladesh Bank's SME and Special Programmes Department, the three-year fund can be extended if necessary. Under the scheme, banks [...]