DCCI seeks Bangladesh Bank’s help

Dhaka Chamber of Commerce and Industry (DCCI) has called upon Bangladesh Bank to assist commercial banks in providing sufficient foreign currency for settlement of loans to ensure uninterrupted supply of essential commodities during the month of Ramadan. On Wednesday, the president of the organization, Mr. Abdur Rauf Talukder, the newly elected board of directors of DCCI, met with the governor of Bangladesh Bank at the office of Bangladesh Bank. Sameer Sattar made such a call.

Sameer Sattar called on Bangladesh Bank and said that public-private partnership is very important to tackle economic challenges. In addition to this, Bangladesh Bank also needs to aim to assist commercial banks in providing sufficient foreign currency for settlement of loans to keep the supply of daily necessities uninterrupted during the upcoming month of Ramadan.

Thanking Bangladesh Bank for announcing the timely monetary policy, he said that the supportive policies and guidelines mentioned in the announced monetary policy will help the private sector as well as the financial sector of the country to turn around. He also welcomed the initiative to continue the Rs 50,000 crore refinancing scheme for agriculture, CMSMEs and import substitute industries.

Along with this, in the interest of the CMSME sector of the country, there is a need for necessary reforms including simplifying the process of providing necessary documents in the case of obtaining loan assistance and credit guarantee schemes. He also suggested necessary reforms in the Banking Act including ensuring good governance in controlling Non-Performing Loans (NPLs), keeping in mind the habitual defaulters and taking strict measures for speedy recovery of loans.


The article is in Bengali

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