RAJSHAHI, May 24 (BSS): Senior bankers at a meeting asked the field level officers and others concerned to expedite the financing activities towards Small and Medium Enterprises (SMEs) to bolster the economy.
As the SMEs sector is labour-intensive so its successful promotion could be the effective means of alleviating poverty, generating employment and so accelerating economic growth, they added.
They were exchanging views with the field level officers of SME Financing Company Limited, a subsidiary company of Rajshahi Krishi Unnayan Bank (RAKUB), in the city Saturday.
Monzur Ahmed, managing director of RAKUB and also chairman of the company's governing body and Khaleque Khan, deputy managing director of RAKUB and director of the body, addressed the meeting as the chief and special guest respectively.
Deputy project director of Small Entrepreneurs Credit Programme Shahjahan Ali Mondal also spoke with Zahurul Islam, chief executive officer of the company, in the chair.
The chief guest urged the ground level officers to be more proactive towards SMEs financing. The best use of the existing potentialities as the sector could be the means of effective utilisation of the region's surplus manpower.
Explaining various aspects of SMEs towards the region's economic development Monzur Ahmed said the government has taken different initiatives for SMEs development including need based training and information technology.
In addition to generating new talented entrepreneurs, utmost importance should be given to create more women entrepreneurs. They will be provided with special facilities so that they could be brought to mainstream of the national economic development.
He urged the local entrepreneurs to come forward for proper utilisation of the initiatives to make the region economically solvent.
Narrating the significance of entrepreneurship development and increased financing to the SMEs sector the RAKUB chief urged all concerned to boost credit flow to the sector.
