Dhaka, Nov. 10 -- Cottage, micro, small, and medium enterprises (CMSMEs) will now be eligible to receive loans for their working capital as Bangladesh Bank has allowed banks to provide loans from the Tk25,000 crore refinance scheme.

Earlier, banks could not give loans for this, but now banks can provide up to 40% of their disbursed loans to CMSMEs as working capital.

In a circular issued by the Bangladesh Bank's SME and Special Programs Department on Tuesday, it said due to the current ongoing Russia-Ukraine war and rising global inflation, the entrepreneurs of the CMSME sector in Bangladesh are also facing huge losses.

There is an increasing demand for term loan/investment as well as current capital loan/investment by entrepreneurs, f...