Regulatory Alerts2020-10-28
Added · Updated
SMESPD Circular Letter No. 12: Special loan/investment facility provided to CMSME sector affected by Novel Corona Virus(COVID-19) pandemic
The Bangladesh Bank increases the maximum annual loan and investment allocation ratio for the commerce (trading) sub-sector of the CMSME from 20% to 30% to support businesses affected by the COVID-19 pandemic. If the trading sub-sector allocation exceeds 20%, the combined allocation for the production and service sub-sectors must be reduced proportionally but must not fall below 70%. This directive amends previous circulars to prioritize these sectors for economic revitalization.
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