BB plans expansion of EEF: Governor

Posted by BankInfo on Wed, Apr 27 2011 07:57 am

Bangladesh Bank governor Dr Atiur Rahman yesterday said the central bank is actively considering the expansion of Equity and Entrepreneurship Fund (EEF) and making it entrepreneurs-friendly to bring about changes in social economy. “We’re actively considering how the EEF could be expanded for creating active entrepreneurs to bring about changes in social economy,” he said while addressing the inaugural session of ‘EEF Entrepreneurs Conference-2011’ in the city.

Bangladesh Bank and Investment Corporation of Bangladesh jointly arranged the conference at National Sports Council (NSC) auditorium. ICB governing body chairman Prof Dr M Khairul Hossain presided over the session while ICB managing director M Fayekuzzaman gave the welcome address. Dr Atiur said they are thinking of providing EEF facilities to the interested university graduates who do not have any equity.

“We’re also thinking about women entrepreneurs and Non-Resident Bangladeshis to know whether they can be given supports from the fund.”

He said the success of the initiative depends on timely return of the capital and sought cooperation from all to ensure proper utilisation of the fund.

The Bangladesh Bank governor said that so far, some 16,000 people have been employed permanently in the projects fully run by the EEF support. And many seasonal jobs have also been created, he added.

News: Daiy Sun/ Bangladesh/ Apr-27-2011

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