23 Mar 2023, 14:20

Promotion of entrepreneurship through boosting SME financing stressed

RAJSHAHI, March 23, 2023 (BSS) - Senior bankers at a meeting in Rajshahi
today stressed the need for boosting investment in the small and medium
enterprise sector for promoting entrepreneurship.

They termed the sector Small and Medium Enterprise (SME) as labour-intensive
and viewed that successful promotion of the sector could be the effective
means of alleviating poverty and generating employment opportunities to
accelerate economic growth.

The bankers said SME is very important for reducing the existing gap between
the rural and urban areas.

The observation came at the 43rd board meeting of SME Financing Company Ltd,
a subsidiary company of Rajshahi Krishi Unnayan Bank, held at its board room.

With Roisul Alam Mondal, Chairman of RAKUB and also chairman of the company
governing body, in the chair, board members Professor Rustam Ali Ahmed, Golam
Mostofa, RAKUB managing director Zahidul Haque, Deputy Managing Director Kazi
Abdur Rahmanr Rahman, general manager Maksuda Nasrin and member-secretary and
company chief executive officerAbdullah Salahuddin Ghazi took part in the

SME loans are being disbursed among entrepreneurs in 40 upazilas of Rajshahi,
Chapainawabganj, Natore, Naogaon, Pabna, Sirajgonj, Bogra, Joypurhat and
Kurigram districts with the main thrust of creating an intensive investment
scope for the agro-based SMEs in the light of the government industrial
Various business fields especially software, agro-processing and its
business, agriculture, plantation, fisheries, poultry, tissue culture,
leather goods, health service and diagnostic centres and education services
have been selected for investment as small and medium enterprise loans.

The speakers asked the company to expedite the SME credit program through
intensifying motivational, awareness building and monitoring activities to
make the program a success.



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