The SME loan disbursement by banks and non-bank financial institutions in the first three months of this year increased by 35.51 per cent compared
with that of the corresponding period of the previous year.
All banks and NBFIs disbursed Tk 19,351.99 crore in SME loan in January-March of 2013 against Tk 14,280.66 crore in the corresponding period of 2012, according to Bangladesh Bank data released on Monday.
The amount the banks and NBFIs disbursed in the first three months is 26.09 per cent of their annual target of Tk 74,186.87 crore.
Despite of an increasing trend in loan disbursement to the small and medium enterprise sector, the manufacturing sector has not received adequate loan in the period as a significant amount of loan was disbursed to the trade sector, a BB official told New Age on Monday.
In the first three months of 2013, banks and NBFIs distributed 13,006.69 crore to the trade sector, which is 67.21 per cent of the total disbursed SME loan of Tk 19,351.99 crore in the period, showed the BB data.
Banks and NBFIs disbursed Tk 5,328.42 crore in loan to the manufacturing sector, which is 27.53 per cent of the total disbursed loan in the first quarter of 2013.
The BB data, however, showed that loan disbursement by banks and NBFIs in the manufacturing sector had increased by 17.73 per cent, or Tk 802.48 crore in the first three months of the FY 2012-13 against
Tk 4,525.94 crore in the corresponding period of 2012.
The service sector got Tk 1,016.88 crore, which is 5.25 per cent of the total disbursed amount in SME zone in the first quarter.
SME and special programmes department general manager of the BB Sukamal Sinha Chowdhury said, ‘The SME loan disbursement in the first three months has increased significantly as the central bank took a number of initiatives in this regard.’
The BB would take more initiatives in the coming months so that the entrepreneurs of the manufacturing sector would get expected loan, he said.
-With New Age input
