Bangladesh

Central Bank removes interest rate cap

The Central Bank of Bangladesh has removed an interest rate ceiling on bank loans, barring agricultural and pre-shipment export credit.

NBFI's scope for business set to widen in Bangladesh

Bangladesh's non-banking financial institutions (NBFIs) can expect their range of business to expand after the government proposed new legislation.

IFC launches $80 million liquidity facility in Bangladesh

IFC has announced it would provide $80 million short-term liquidity facility to provide banks in Bangladesh with working capital and trade financing solutions

A new fund is formed to facilitate SME financing

A new re-financing fund worth Tk 6.65 billion (US$ 95 million) has been formed aimed at facilitating financing small...

Bank Asia diversifies its focus area to SME financing

Bank Asia is looking to channel more credit into the country's small and medium enterprise sector as part of diversifying the bank's focus areas in the coming years...

SME inance to drive Standard Chartered Bank expansion in South Asia

SME finance, cross border trade and working capital lending are to be the main drivers of Standard Chartered Bank s business growth in

Bangladesh Credit Information Bureau to be upgraded

The Credit Information Bureau (CIB) of Bangladesh Bank is currently undergoing a modernisation that will provide better access to credit information for the region's financial sector.

Government considers SME interest rate cut

The Bangladeshi government considers a further cut in bank interest rates, specifically for small and medium sized enterprises.

Banks turn focus to SMEs

The banking industry has increased focus on loans to small and medium enterprises (SMEs), which have been remained ignored for years despite the sector's huge contribution to the economy, as banks would set up 139 SME service centres by this yea

SME refinancing trebles

Loans under the Bangladesh Bank's SME refinance scheme have increased more than threefold to about BDT100 crore (EUR9.9m)