IFIC distributes loans to COVID-19 affected Micro Entrepreneurs

IFIC Bank Limited has started distribution of the sanctioned amount of loans to small traders under the Cottage, Micro, Small & Medium Enterprise (CMSME) bailout package announced by the government.  

The bank started providing loan assistance namely “Shohoj Rin” as per Bangladesh Bank's Special Incentive Scheme to registered small business owners of Bangladesh Shop Owners Association who are affected by the COVID-19 pandemic.

Salman F Rahman, Chairman of IFIC Bank and Private Sector Industry and Investment Adviser to Prime Minister Sheikh Hasina inaugurated the event digitally.

President of Bangladesh Shop Owners Association Md Helal Uddin, Managing Director & CEO, IFIC Bank Limited Shah A Sarwar, and other senior management officials from the bank attended the program