Mercantile Bank

Mercantile Bank Limited

Phone: +880-2-9559333, 9553892, 9561140
Fax: +880-2-9561213
Email: mbl@bol-online.com
Name

SME Loan Scheme

Description

Small and Medium Enterprise (SME) Loan Scheme has been introduced to provide financial assistance to new or experienced entrepreneurs to invest in small and medium scale industries with a comparatively low rate of interest as the same is assisted by the Bangladesh Bank with refinancing facilities. Exposure under this scheme experienced significant growth of 44.39% and amounting to BDT 983.39 million at 2009 end from that of BDT 681.08 million at the end of 2008.
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