UNB, Dhaka :
Bangladesh Bank governor Dr Atiur Rahman on Sunday urged the banks and financial institutions to pursue automated lending platform for the micro, small and medium, enterprises (MSMEs).
“What is needed to enable banks to reach the target MSME population is a cost-effective, yet analytically robust credit analysis and approval regime, which combines as much automation as is feasible,” he said.
The central bank governor was addressing a seminar titled ‘Development of Semi-Automated MSME Lending Platforms in Commercial Banks’ at BIBM auditorium in the city.
He said such system will prevent unacceptably high level of non-performing loans and comprehensively reduce the non-performing loans and on the other hand and increase the portfolio profitability of lending institutions.
Bangladesh Bank governor Dr Atiur Rahman on Sunday urged the banks and financial institutions to pursue automated lending platform for the micro, small and medium, enterprises (MSMEs).
“What is needed to enable banks to reach the target MSME population is a cost-effective, yet analytically robust credit analysis and approval regime, which combines as much automation as is feasible,” he said.
The central bank governor was addressing a seminar titled ‘Development of Semi-Automated MSME Lending Platforms in Commercial Banks’ at BIBM auditorium in the city.
He said such system will prevent unacceptably high level of non-performing loans and comprehensively reduce the non-performing loans and on the other hand and increase the portfolio profitability of lending institutions.
