Published at July 27, 2022
State-owned BASIC Bank Limited signed an agreement with SME Foundation to disburse loans among small and medium entrepreneurs from the ‘Revolving Fund’ created by SME Foundation under the Government’s stimulus package.
Md. Anisur Rahman, Managing Director & CEO of BASIC Bank, and Dr. Md. Mafizur Rahman, Managing Director of SME Foundation signed the agreement on Wednesday, 27 July 2022 at Hotel Pan Pacific Sonargaon in Dhaka.
Industries Minister Nurul Majid Mahmud Humayun MP was the chief guest and Financial Institutions Division Secretary Sheikh Mohammad Salim Ullah was the special guest while Professor Dr. Md. Masudur Rahman, Chairperson of SME Foundation presided over the session. The partner banks and financial institutions' chief executives were also present on the occasion.