BB for more support to women entrepreneurs

Posted by BankInfo on Fri, Dec 24 2010 06:06 am

Bangladesh Bank Governor Atiur Rahman yesterday said the bank has directed the commercial banks to set up dedicated desks for women entrepreneurs to ensure friendly atmosphere for them.

The BB governor was attending a loan distribution programme for silk-based small and medium enterprises (SMEs) by the women of indigenous Manipuri community at Kamalganj upazila of Moulovibazar, said a press release.

Bangladesh Krishi Bank (BKB) distributed the loan of Tk 1.5 million among 30 women entrepreneurs of the area to facilitate their silk-based SMEs.

While addressing the function, Atiur Rahman said the loan limit for small entrepreneurs has been re-fixed at Tk 50,000 from 5 million for their convenience.

He also informed that over Tk 380 billion had been distributed in SME loans till September 30 this year which is 160 percent higher that the target amount of 240 billion.

The BB governor also said Bangladesh Bank is considering taking various initiatives for the development of women entrepreneurs.

He also urged the borrowers to utilize the money in proper ways to expand their business.

Source: Daily Sun