The central bank, which is supplying half the funds of the packages, blames the bank’s lack of interest in disbursing loans among small businesses despite repeated reminders for the difference in the scenarios of the big and small business sectors. About 56,600 small entrepreneurs have received loans from the incentives for the CMSMEs. The picture is “more frustrating” in the other packages for the small businesses, with only Tk 1 billion or 1.5 billion disbursed from some of them. Large businesses can cover losses because they work in multiple sectors, but the small businesses do not have that option, pointed out AB Mirza Azizul Islam, a former caretaker government adviser. Mohammad Shams-Ul Islam, managing director of state-owned Agrani Bank, however, claimed that the disbursement of funds among the small businesses has gained pace.

Source: bd News24 December 08, 2020 22:07 UTC