Regulatory Alerts2026-06-08
Circular No. 04: CMSME Working Capital Refinance Fund
Bangladesh Bank’s Department of Supervision has established a Tk 5,000 crore revolving CMSME Working Capital Refinance Fund to ensure timely disbursement of working capital to eligible MSMEs and streamline refinancing procedures for scheduled banks. The circular mandates a maximum 9% interest rate for banks, outlines eligibility criteria including CIB clearance and priority sector compliance, and specifies a 3-year duration with clear application and participation agreement guidelines. Periodic reviews will be conducted by the Deputy Governor to assess fund utilization, with all provisions governed by existing Bangladesh Bank circulars and binding on all regulated banks.
Share