Bangladesh Bank lifts SME lending target by 8.52pc

Bangladesh Bank lifts SME lending target by 8.52pc

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– Bangladesh Bank (BB) has set the SME (small and medium enterprises) loan disbursement target at Taka 1 lakh 13 thousand 503 crore and 43 lakh for 2016, which is higher by 8.52 percent from the target of 2015.Last year the central bank targeted SME lending at Taka 1 lakh 4 thousand 586 crore and 49 lakh, but the disbursement for 2015 was higher 10.79 percent to Taka 1 lakh 15 thousand 870 crore 48 lakh.Announcing the loan disbursement target for this year, general manager of the SME and Special Programmes Department Swapan Kumar Roy told journalists at a press conference at the central bank’s headquarters that BB this year too would continue its focus on SME lending like before. source:BSS

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