Directive to increase financing to women entrepreneurs 

The Bangladesh Bank has directed all banks and financial institutions to allocate 20% of their environmentally friendly financing, specifically to women entrepreneurs. 

The central bank’s Sustainable Finance Department issued a circular in this regard on Monday (March 17).

According to the circular, banks must allocate 15% of their total CMSME loans to women entrepreneurs. 

Additionally, the cottage, micro, small, and medium enterprises (CMSME) sector will receive 25% of the same financing. 

Currently, banks are instructed to dedicate 5% of their total loans to the environmentally friendly sector.