Bankers’ role vital to promote SME business

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BSS, Rajshahi :
Senior bankers and business leaders at a discussion here mentioned that substantial and sustainable promotion of Small and Medium Enterprises (SMEs) is very vital for bolstering the country’s economy.
They viewed both the public and private banking sector and other authorized financial institutions should take the responsibility of successful development of entrepreneurship and SME business.
The observations came in the inaugural session of a two-day workshop styled “Financial Literacy for SME Bankers” held at conference hall of local office of Bangladesh Bank (BB) in Rajshahi on Thursday. A large number of senior officers from both public and private banks in the region participated in the workshop.
SME Foundation organized the workshop with the thrust of familiarizing the participants with the nature and process of entrepreneurship development particularly SME entrepreneurship and its business.
Managing Director of SME Foundation Shafiqul Islam and BB Executive Director Zinnatul Bakeya addressed the session as chief and special guests respectively with BB General Manager Asim Kumar Mazumder in the chair.
General Manager of SME Foundation Shaheen Anwar, President of Bangladesh Silk Industries Owners Association Liakat Ali, President of Rajshahi Chamber of Commerce and Industry Md Muniruzzaaman and local unit president of Bangladesh Women Chamber of Commerce and Industry Prof Rojety Naznin also spoke on the occasion.
Chief Guest Shafiqul Islam asked the bankers to give more emphasis towards development of entrepreneurship through SME financing to accelerate the grassroots economic position.
Narrating enormous significance of more development of entrepreneurships and increased financing to the SME sector they also asked them to boost credit-flow to the sector.
He said the SME sector can play an effective role in economic progress, employment generation and poverty reduction. If the SMEs are properly financed, the nation would be benefited, he added.
In this regard, he asked the bankers to expedite the SME credit program through intensifying motivational, awareness building and monitoring activities to make the program a total success.
The training also discussed elaborately the techniques of monitoring and recovery of SME credit along with the operational aspects of SME financing.
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