News & Events

IFIC Bank distributes loans to Covid-19 affected Micro Entrepreneurs

Date: 25 October 2020

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

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.

Mr. Salman F Rahman MP, Chairman of IFIC Bank and Private Sector Industry and Investment Adviser to Honorable Prime Minister Sheikh Hasina inaugurated the event digitally. The programme was also attended, among others. Md. Helal Uddin, President of Bangladesh Shop Owners Association, Mr. Shah A Sarwar, Managing Director & CEO, IFIC Bank Limited and other senior management officials from the bank.