New entrepreneurs to get Tk10 lakh in loan facility
3 || risingbd.com
Published: 17:03, 2 April 2017
Update: 15:18, 26 July 2020
Economic Correspondent: From now new entrepreneurs of cottage, micro and small sector will get more than Tk 10 lakh loan.
Bangladesh Bank issued a circular in this regard on Sunday saying that the commercial banks would disburse the loan under the bank-customer relationship.
The new entrepreneurs will get the loan facility without placing any collateral securities, but will have to give personal guarantee to enjoy the loan under the refinance schemes operated by the central bank.
Bangladesh Bank has a Tk 100 crore fund for the new entrepreneurs.
risingbd/Dhaka/Apr 2, 2017/Ashraf/Nasim
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