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Bankers’ role vital to promote SME

  • Published at 12:37 am December 23rd, 2016
  • Last updated at 12:38 am December 23rd, 2016
Bankers’ role vital to promote SME
They observed that both the public and private banking sector and other authorised financial institutions should take the responsibility of successful development of entrepreneurship and SME business. The observation came at the inaugural session of a two-day workshop styled “Financial Literacy for SME Bankers” held at the conference hall of local office of Bangladesh Bank in Rajshahi yesterday. A large number of senior officers from both public and private banks in the region participated in the workshop. SME Foundation hosted the workshop with the aim of familiarising the participants with the nature and process of entrepreneurship development, particularly SME entrepreneurship and its business. Managing Director of SME Foundation Shafiqul Islam and BB Executive Director Zinnatul Bakeya addressed the session as the chief and special guests respectively with BB General Manager Asim Kumar Mazumder in the chair. General Manager of SME Foundation Shaheen Anwar, President of Bangladesh Silk Industries Owners Association Liakat Ali, President of Rajshahi Chamber of Commerce and Industry Md Muniruzzaaman and local unit president of Bangladesh Women Chamber of Commerce and Industry Prof Rojety Naznin spoke on the occasion. In his address, Shafiqul Islam asked the bankers to give more emphasis on the development of entrepreneurship through SME financing to accelerate the economic condition of the grass roots. Stressing the need for entrepreneurship development and increased financing for the SME sector, he also called for an increase in credit flow to the sector. SME sector can play an effective role in economic progress, employment generation and poverty reduction, Shafiqul said, adding that if SMEs are properly financed, the nation would be benefited. In this regard, he asked the bankers to expedite the SME credit programme through intensifying motivational, awareness building and monitoring activities to make the programme a total success.