Bank Asia disburses Tk 5cr loan to CMSMEs

Staff Correspondent

31 May, 2021 12:00 AM printer

Bank Asia disburses Tk 5cr loan to CMSMEs

Industries Minister Nurul Majid Mahmud Humayun is seen at a cheque handing over programme at the ministry’s auditorium in the capital recently.

Bank Asia Limited distributed Tk 5 crore loan to the CMSME entrepreneurs as a partner of ‘Credit Wholesaling Programme’ of SME Foundation under the 2nd stimulus package announced by the government.

Industries Minister Nurul Majid Mahmud Humayun was present as the chief guest of the cheque handing over programme held at the ministry’s auditorium in the capital recently, said a press release.

Kamal Ahmed Majumder, State Minister for Industries, Zakia Sultana, Secretary, Ministry of Industries and Md. Arfan Ali, President and Managing Director of Bank Asia Ltd., were present as special guests of the programme.

Dr. Md. Mofizur Rahman, Managing Director, SME Foundation, moderated the programme.

A total of 89 entrepreneurs including 8 who were physically present at the programme received cheques.

Mohammad Ziaul Hasan Molla, Deputy Managing Director and Md. Shaminoor Rahman, Head of MSME and Agriculture Division, Bank Asia Ltd., along with other officials of bank and SME Foundation, were present at the programme.

Entrepreneurs are benefitted with loan facility @ 4 percent interest which needs to be reimbursed through 24 equal monthly installments.


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