Bangladesh Bank Governor Atiur Rahman has advised the bankers to take initiative for creating new entrepreneurs across the country.
“Banking system is now not limited to only taking deposit and lending,” he said while addressing the Financial Literacy Campaign on Small and Medium Enterprises (SME) on the Bangla Academy premises in the capital as part of the ongoing banking fair.
He said the competition is growing in the banking sector day by day as the central bank is taking steps.
As a result, banks have to take initiative to make new entrepreneurs by encouraging them with financial support.
The central bank of Bangladesh organised the five-day-long Banking Fair Bangladesh 2015, aiming to build a banking nation through expediting the ongoing financial initiative across the country.
The fair began on November 24.
The BB governor also asked the banks and non-banking financial institutions (NBFIs) to expedite the implementation of ongoing financial inclusion programmes across the country by strengthening financing for SME sector, specially for women entrepreneurs.
The banks and NBFIs have already disbursed loans to around 6,000 women entrepreneurs across the country in line with the BB advices, the governor highlighted.
“We are planning that banks and NBFIs will have to provide the same amount of loan of Tk50,000 to at least two women entrepreneurs instead of existing one from the next year,” Atiur said.
