Market digest

IFIC Bank gives loans to Corona-affected micro-entrepreneurs

Staff Correspondent

26 October, 2020 12:00 AM printer

IFIC Bank Limited has distribution of sanctioned amount of loans to small traders under the cottage, micro, small and medium enterprise (CMSME) bailout package announced by the government. 

Bank started providing loan assistance namely ‘Shohoj Rin’ as per Bangladesh Bank’s special incentive scheme to registered small business owners of Bangladesh Shop Owners Association who are affected by the Covid-19 pandemic, said a press release.

Salman F Rahman, Chairman of IFIC Bank and Private Sector Industry and Investment Adviser to the Prime Minister Sheikh Hasina inaugurated the event digitally.

Md. Helal Uddin, President of Bangladesh Shop Owners Association, Shah A Sarwar, Managing Director and CEO of IFIC Bank Limited and other senior management officials from the bank were present in the programme.