Regulatory Alerts2026-02-05
Added
SMESPD Circular No. 03: Formation of Financial Sector Fund for the Development of Micro, Small and Medium Enterprises (FSFDMSME)
Bangladesh Bank establishes a dedicated refinancing fund of BDT 1,500 crore for Micro, Small and Medium Enterprises (MSMEs) to support business expansion and modernization. Participating scheduled banks and finance companies must adhere to specific eligibility criteria, including a minimum 10% equity contribution from borrowers and maximum refinancing limits of BDT 100 million for micro enterprises and BDT 500 million for small and medium enterprises. The circular sets the maximum customer-facing interest rate at 7% and the refinancing rate charged by Bangladesh Bank at 2%, while explicitly prohibiting financing for sectors such as real estate, financial services, and entertainment.