Bangladesh Bank's move to provide small and medium enterprises with easy access to loans is yet to benefit the SMEs because of high interest charged by financial institutes.
IFC, the private sector arm of the World Bank, announced that the Export Import Bank of Bangladesh Limited (Exim Bank) is joining its Global Trade Finance Program.
GSP Finance Company (Bangladesh) Limited has taken initiatives to go for IPO (initial public offering). They presently deal in factoring and loan and lease financing.
Speakers at a discussion yesterday identified poor financing as the core obstacle to developing small- and medium-sized enterprises (SMEs) in Bangladesh. Private commercial banks (PCBs) feel discouraged to finance the SME sector
Sultan Allana (SA), director of the Aga Khan Fund for Economic Development (Akfed) that currently holds 68% of the shares of Industrial Promotion and Development Company (IPDC) of Bangladesh Limited
BRAC (Bangladesh Rural Advancement Committee) is going to launch the world's first securitisation of a fund of US$180m to provide micro-credit for small entrepreneurs