Regulatory Alerts2020-09-21
Added · Updated
SMESPD Circular Letter No. 09: Monitoring of CMSME loan/investment disbursed under stimulus package for COVID-19
The SME & Special Programs Department of Bangladesh Bank mandates scheduled banks and financial institutions to submit updated monitoring data for loans and investments disbursed under the COVID-19 stimulus package for the CMSME sector. This circular cancels previous reporting instructions and requires the submission of weekly disbursement details via email within three working days of the week's end, along with a detailed monthly report on CD containing approval and disbursement data within five working days of the following month. These obligations apply to all scheduled banks and financial institutions operating in Bangladesh.
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