SMESPD Circular Letter No. 02: Financing in Cottage, Micro, Small and Medium Enterprises (CMSMEs)

Bangladesh Bank
Head Office
Motijheel, Dhaka-1000
Bangladesh.
Ref No.: SMESPD/Model
SME & Special Programs Department
24 May 2026
SMESPD Circular Letter No.-02 Date: ------------------ 10 Joishtho 1433 Managing Director/Chief Executive Officer All Scheduled Banks and Finance Companies Operating in Bangladesh Dear Sir, Regarding Financing in Cottage, Micro, Small and Medium Enterprises (CMSMEs).

1. Reference is drawn to your attention to SMESPD Circular No.-01 dated 17 March, 2025, on the subject above.

2. In order to increase the contribution of the CMSME sector to economic development and to create opportunities for more primary institutions, the following exemption has been granted from the percentage mentioned in Section 14.4.2 of the aforementioned circular, until further order, for the inclusion of participating institutions as recipients of refinancing facilities from state-owned commercial banks and specialized banks operating in the CMSME sector:

a) The rate of classified loans/investments shall be maximum 20%; b) Maintenance of capital adequacy, cash reserve ratio (CRR), and statutory liquidity ratio (SLR) as prescribed by Bangladesh Bank.

3. This directive is issued under the powers conferred by Section 45 of the Bank Company Act, 1991.

This directive shall take immediate effect.

Yours faithfully,
(Nawshad Mostafa)
Director (SMESPD)
Phone: 9530502