ABOUT SME BANKING
Meghna SME Banking - Let's Grow Your Business
Economy of Bangladesh has changed a lot during last decade in terms of doing business index, regulatory support, and development initiatives by government and international bodies etc. CMSMEs are recognized as engines of economic growth worldwide and in our country there are about 8.00 million formal CMSMEs doing business with significant contribution to employment, national GDP, foreign trade. But this larger sector our economy often lacks Access to Finance from local formal sector financial institutions more particularly from Banks.
For us as a bank, our focus on the SME segment is to, in the main, bridge the yawning gap for capacity building in the small and medium enterprises development space and help SMEs in Bangladesh.
PRODUCTS AND OFFERINGS - We have tailor-made offering for SMEs:
- Meghna Current Account
- Meghna Liberty – interest bearing current account
- Meghna SND
- Meghna Fixed Deposit
SME Borrowers have ample opportunities for conducting his business by choosing following financing mode –
- Cash Credit (Hypo)
- Secured OD
- Time/Demand Loan
- Short Time Loan
- Term Loan
- Work Order Financing
- Contractor Financing
- Trade Financing
In addition, we offer “Meghan Nabarupa” - a specific loan for Women Entrepreneurs. In order to encourage savings by women- a value packed savings account for women was introduced, named as “Meghna Sreyoshi”.
Moreover considering the fact, as an agriculturally predominate country, Meghna Bank is financing in agricultural sector with its tailored made agro based products – “Meghna Khamar Rin”, “Meghna Fosol Rin”.