FBCCI urges BB to raise bank loan for women entrepreneurs upto Tk. 50 lakh

Published : 18 Sep 2023 08:29 PM

FBCCI President Mahbubul Alam on Monday urged the Central Bank to raise the limit of bank loan upto Tk. 50 lakh for the women entrepreneurs. 

Mahbub said the country's small and mid-level entrepreneurs have been plying significant role in augmenting the economic growth while women entrepreneurs are keeping strong role in this regard side by side men.

He alleged that access to finance for women entrepreneurs is yet to be easier because banks show less interest in this regard.

The newly elected President of the Federation of Bangladesh Chamber of Commerce and Industries (FBCCI) made the remarks while exchanging views with Bangladesh Bank Governor Abdur Rouf Talukder as the FBCCI delegation called on Governor at his office.  Referring that women have to show their husbands or brothers as guarantor for taking loan because banks do not allow another women as guarantor, Mahbub Alam sought interference of the central bank in this regard.

Terming the central bank Governor as business friendly governor, Mabub said that Bangladesh has been giving all the necessary policy and financial support in facing the losses, caused by the covid-19 and later on the crisis of Ukraine-Russia war.     

While addressing, the Governor said that the central bank has so far taken various initiatives in easing access to finance for the women entrepreneurs, even Bangladesh Bank has already told banks to accept women as guarantors for getting loan. 

"We have taken a number of initiatives so that the women entrepreneurs can come forward in the business and economic activities and effort is going to to further easing the process of getting loan for businesswomen", Governor added.

FBCCI Vice President, Khairul Huda Chapal, Shomi Kaiser, Md. Anwar Sadat Sarker, Dr. Jashoda Jibon Debnath, Muir Hossain, Deputy Governor of Bangladesh Bank, Qazi Saidur Rahman, Abu Farah Md. Naser were present among others during the meeting.