Entrepreneurship development indispensable for economic uplift

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RAJSHAHI, July 9, 2018 (BSS)- More impetus is needed for the development

of entrepreneurship particularly women through Small and Medium Enterprises
(SME) financing to accelerate the economy at both rural and urban areas.

Branch level bankers have a vital role to promote and explore the
promising sector. Senior bankers made this observation while addressing a
daylong training workshop in Rajshahi on Saturday.

Sonali Bank Limited (SBL) organised the training on ‘SME Financing and
Entrepreneurship Development’ in its Principal Office.

General Manager Muhammad Alauddin addressed the workshop as chief guest
with Deputy General Manager Meer Hassan Jaheed in the chair. Branch Manager
Mahmudun Nabi was the keynote speaker.

Muhammad Alauddin said the SME sector can play an effective role in
economic progress, employment generation and poverty reduction. If the SMEs
are properly financed, the nation would be benefited.

He asked the trainees to expedite the SBL’s SME credit program through
intensifying motivational, awareness building and monitoring activities to
make the program a success.

Main thrust of the loan scheme is to create an intensive investment
scope for the agro-based SMEs in the light of the government industrial
policy and for supplementing the government’s efforts to attain food security
and economic emancipation.

Various business fields especially software, agro-processing and its
business, agriculture plantation, fisheries, poultry, tissue culture, leather
goods, health service and diagnostic centers and education services have been
selected for investment.