IFIC Bank distributes loans among Covid-hit micro entrepreneurs
Tuesday, 27 October 2020
IFIC Bank Limited has started distribution of sanctioned amount of loans to small traders under the Cottage, Micro, Small and Medium Enterprise (CMSME) bailout package announced by the government, said a press release.
The Bank started providing loan assistance namely 'Shohoj Rin' as per Bangladesh Bank's special incentive scheme among registered small business owners of Bangladesh Shop Owners' Association who are affected by the Covid-19 pandemic.
Salman F Rahman, MP, chairman of IFIC Bank and Private Sector Industry and Investment Adviser to the Prime Minister, inaugurated the event through digital platform.
The programmeme was also attended, among others. Md Helal Uddin, president of Bangladesh Shop Owners' Association, Shah A Sarwar, managing director and CEO, IFIC Bank Limited.