Small investments creating jobs

Small investments in the cottage and micro sectors are playing an important role in employment generation and sustainable development of the country, said Bangladesh Bank Governor Fazle Kabir at a conference.

Islami Bank Bangladesh Ltd (IBBL) organised the conference on "The Micro and SME Entrepreneur" at a local hotel in Rajshahi yesterday, a press release said.

The governor called upon micro and SME entrepreneurs to work harder to expand their business through regular repayment of investments.

Highlighting the role of Islami Bank during the Covid-19 pandemic, he said IBBL performed an excellent job in disbursing stimulus packages.

"Long-term continued financial services from the banks are very essential for the micro and SME sector. Islami Bank has been contributing to this development by providing financial services," Kabir added.

Mohammed Monirul Moula, managing director of IBBL, presided over the programme, where Jiban Krishno Roy, executive director of Bangladesh Bank's Rajshahi Office, was present.

Md Mizanur Rahman Mizi, head of Rajshahi Zone at IBBL, Miftah Uddin, executive vice-president, Md Maksudur Rahman, senior executive vice-president, Md Sazzad Ali, managing partner of Sapura Agro, Md Golam Saqlaen, proprietor of SS Matsya Khamar, Reba Rani Sarker, RDS entrepreneur, Md Golam Nabi, proprietor of Natore Dragon Fruit Garden, and Tahmina Akhter, proprietor of Minu Silk Garments and Boutique, were also present.