Collected & Edited by Email: ,: Banking News Bangladesh
The Bangladesh Bank has allowed banks to provide loans at a maximum interest rate of 9% to small businesses affected by the coronavirus pandemic. The loans can be up to Tk. 10 lakh per business and must be used for working capital needs like paying salaries and rent. The central bank's move aims to help small businesses facing financial difficulties due to the economic impact of the virus outbreak.
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Collected & Edited by Email: ,: Banking News Bangladesh
The Bangladesh Bank has allowed banks to provide loans at a maximum interest rate of 9% to small businesses affected by the coronavirus pandemic. The loans can be up to Tk. 10 lakh per business and must be used for working capital needs like paying salaries and rent. The central bank's move aims to help small businesses facing financial difficulties due to the economic impact of the virus outbreak.