Bangladesh Bank recently launched a Start-up Fund of BDT 500 Crores

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Offline Mahmud Arif

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Bangladesh Bank recently launched a Start-up Fund of BDT 500 Crores (approx US$ 60 Million) for new entrepreneurs of the country. These loans will be distributed by scheduled banks (under a refinancing scheme), at a maximum interest rate of 4% for a maximum period of 5 years. One entrepreneur shall be eligible for a maximum loan of BDT 1 crore, against his/her original educational and professional certificates as securities (along with personal guarantees).

See the attachment.
Arif Mahmud
Lecturer
Department of Law
Daffodil International University
Email: arifmahmud.law@diu.edu.bd
Contact: +8801682036747