Regulatory Alerts2013-09-11
Added · Updated
SMESPD Circular Letter No. 01: Financing to all disabled SME entrepreneurs including blind under Bangladesh Bank Fund
The document amends the policy guidelines for the Small Enterprise Sector Refinancing Scheme 'Bangladesh Bank Fund' to provide 100% refinancing for loans granted to all disabled SME entrepreneurs, including the blind, at an interest rate of 10% (Bank Rate + 5%). It sets the refinancing limit for these entrepreneurs between a minimum of 10,000 BDT and a maximum of 500,000 BDT. The circular mandates adherence to existing government and Bangladesh Bank policies regarding lending to persons with disabilities and takes immediate effect.