BASIS and IDLC have officially launched a complete financial service programme called “IDLC Udbhabon” to provide funding support to the ICT sector entrepreneurs and companies.
A number of loan facilities will be offered under the programme, which include start-up loans, short-term loans and loans for buying domestic software or IT-enabled services and commercial space.
Zunaid Ahmed Palak, state minister for ICT Division, formally launched the programme yesterday at Lakeshore Hotel in Dhaka.
Naznin Sultana, deputy governor of Bangladesh Bank, was also present as special guest. Shameem Ahsan, president of Bangladesh Association of Software and Information Services (BASIS), and Selim RF Hussain, managing director of IDLC, and Mostafizur Rahman Sohel, joint secretary general of BASIS, spoke on the occasion.
Zunaid Ahmed Palak said the new entrepreneurs to the IT sector were facing challenges relating to the capital or investment. “To overcome these challenges, IDLC will facilitate to providing special interest loans to the BASIS member companies.”
Naznin Sultana hoped that this financial service would surely contribute towards the development of the country’s economy.
