Bangladesh Bank is in the process of aligning its Credit Guarantee Scheme (CGS) with the CMSME Master Circular, which will be finalized soon, said the deputy governor of the central bank.
Nurun Nahar made the remarks at the 13th Financial Sector Development Working Committee (FSDWC) meeting titled "CMSME Financing Master Circular 2025 - An Analysis" organised by Business Initiative Leading Development at its conference room on16th October Thursday.
The Deputy Governor - Nurun Nahar, who also chaired the meeting, acknowledged that while the circular might have some shortcomings, these would be addressed over time. "Nothing can be fully perfect. These issues will be addressed with the progression of time," she said, adding that Bangladesh Bank remains committed to helping the CMSME sector flourish, according to a press release.
Responding to observations that the 27% credit growth target for the CMSME sector may be ambitious, Nurun Nahar said, "A target is essential to push the sector forward, and 27% has been set considering all relevant factors."
The Deputy Governor also emphasized that Bangladesh Bank aims to design policies that will benefit all stakeholders and ensure inclusive growth.
