BRAC Bank handed over on the spot loan to small and medium enterprises (SME) entrepreneurs at a conference of SME entrepreneurs and bankers in Barisal recently, says a press release. Md Abul Quasem, deputy governor of Bangladesh Bank, inaugurated the ‘SME entrepreneurs and bankers conference’ organised by SME Foundation and Bangladesh Bank at Barisal Club.

He also handed over loan sanction documents of BRAC Bank to the local entrepreneurs.The entrepreneurs receiving loan sanction documents from BRAC Bank were –Sikder Enterprise, Lamia Clothes and Fima Fashion and Tailors. BRAC Bank disbursed Tk 27.50 lakh as SME loan to these entrepreneurs.  

Advocate Shawkat Hossain Hiron, mayor, Barisal City Corporation, Syed Rezwanul Kabir, managing director of SME Foundation, Sukamal Sinha Choudhury, general manager, SME and special programmes department, Bangladesh Bank, were also present.

Abdur Rahman, head of SME Banking, BRAC Bank, senior officials of different Banks and local entrepreneurs attended the programme.

BRAC Bank gives priority to lending in small and medium enterprises in rural areas. Within 10 years of operation, the Bank has disbursed more than Tk 18,000 crore loan to over 3.76 lakh SME entrepreneurs in the country realizing million dreams and creating huge employment opportunities in the country.

The Daily Independent/Bangladesh/ 4th March 2012