Empowering Entrepreneurs: IPDC and Bangladesh Bank Drive Financial Inclusion in Rajshahi
[Dhaka, 13 February 2025] IPDC Finance PLC. and Bangladesh Bank jointly organized an Entrepreneur-Banker Exchange Meeting in Rajshahi, on February 12, 2025, to accelerate financing for entrepreneurs in the Rajshahi silk industry cluster and engage with pre-finance beneficiaries under the Tk 25,000 crore scheme.
The meeting was attended by key representatives from Bangladesh Bank, including Naushad Mustafa, Director, SMESPD Department; Mohammad Nazmul Haque, Additional Director, SMESPD Department; Muhammad Mustafizur Rahman, Additional Director; Rahima Khatun, Joint Director, SMESPD Department; and Mohammad Mamunur Rashid, Joint Director, SMESPD Department. Also present were Md. Liaquat Ali, President, Bangladesh Resham Shilpa Malik Samity (BRSMS). The representatives of IPDC Finance PLC. were Ashique Hossain, Deputy Managing Director, and Mohammad Mahmudur Rahman Shawon, Head of SME.
A total of 70 entrepreneurs and marginal farmers from the Rajshahi Silk Cluster and pre-finance beneficiaries participated in the discussions, sharing their challenges and aspirations. Key topics included obstacles to the silk industry’s growth, potential solutions, and future initiatives by Bangladesh Bank and the Silk Board to sustain and expand the sector. Entrepreneurs also shared their business ideas, and Bangladesh Bank officials gathered insights on the impact of the 7% interest loan facility and future financing needs.
Mr. Ashique Hossain, DMD of IPDC Finance PLC., said, "At IPDC, we believe in empowering entrepreneurs with the financial support they need to flourish. This initiative is not just about providing loans but about building a sustainable future for businesses that drive our economy."
This exchange meeting marked a significant step toward fostering financial inclusion and sustainable growth for entrepreneurs in Rajshahi. By directly engaging with business owners, Bangladesh Bank and IPDC Finance reinforced their commitment to addressing challenges, enhancing financial accessibility, and driving the long-term success of the silk industry and small businesses.
