Regulatory Alerts2026-02-05
Added
SMESPD Circular Letter No. 01: Restructuring of Refinance Fund for Cottage, Micro, Small, and Medium Enterprises (CMSME)
The circular replaces the interest rate provision for the Refinance Fund, setting the maximum customer profit rate at 7% and the rate provided by Bangladesh Bank to banks and finance companies at 2%. It increases the fund allocations to 2,000 crore Taka for the Industrial Establishment for Agricultural Product Processing, 4,500 crore Taka for the Small Enterprise Sector for Women Entrepreneurs, and 500 crore Taka for the New Entrepreneur Refinance Fund. These directives are issued under Section 45 of the Bank Company Act, 1991, and Section 41 of the Finance Company Act, 2023, and take immediate effect.