Bangladesh central bank provides 100 million taka to support small and medium-sized enterprises

According to Bangladesh’s “Financial Express” report on April 28, the Bangladesh Bank announced that it will provide 100 billion taka in funds to support small and medium-sized enterprises to overcome the difficulties of the new crown epidemic. The plan is part of the Tk 200 billion economic stimulus measures announced by the Bangladesh government. The interest rate on this fund is 9%, of which the government will subsidize 4.5% of the loan interest, and small and medium-sized enterprises only need to bear the 4.5% interest rate.