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BB further extends deadline for CMSMEs package implementation

| Updated: November 02, 2020 09:52:42


BB further extends deadline for CMSMEs package implementation

The central bank has extended the deadline for executing the stimulus package for the cottage, micro, small and medium enterprises (CMSMEs) further by one more month.

As per decision the deadline has been extended till November 30 from October 31, according to a Bangladesh Bank (BB) notification issued on Sunday. 

“We’ve extended the deadline further to help banks and non-banking financial institutions (NBFIs) to implement the financial package for the CMSMEs properly,” a BB senior official told the FE while explaining the main objective of the decision.     

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