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Bangladesh Economy

SME Entrepreneurs Urge Implementation of Movable Asset Collateral Law

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1Nojor Desk
  • 24 Jun 25
  • 11:10 PM

At a Dhaka workshop jointly hosted by the SME Foundation and IFC, SME entrepreneurs demanded the effective implementation of the Secure Transactions (Movable Assets) Act 2023. They emphasized that most small businesses lack immovable property, making it difficult to access bank loans. Although the law allows movable assets like machinery and produce as collateral, proper enforcement and banker training are still lacking. The SME sector contributes 32% to GDP and employs over 25 million people, highlighting the urgent need for accessible financing options.

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Bonik Barta 24 Jun 25

SME Entrepreneurs Demand Law to Accept Movable Property as Loan Collateral

SME (Small and Medium Enterprise) entrepreneurs in the country have demanded the implementation of a law that allows movable property to be accepted as collateral for bank loans. They made this demand at a workshop jointly organized by the SME Foundation and the International Finance Corporation (IFC) in the capital on Tuesday (June 24).

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