BB relaxes norms for storage of audited financial reports for CMSMEs

BB relaxes norms for storage of audited financial reports for CMSMEs

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Bangladesh Bank (BB) has revised the directive to maintain audited financial reports of loan renewals and file of new loans as per rules to bring order and transparency in CMSME loan disbursement.

But in view of the global economic situation and to accelerate the economic activities of the country, the deadline for renewal of loans to ‘Micro, Small and Medium Sector Enterprises (CMSMEs)’ and guidelines for preservation of audited financial reports have been extended by Has been given. two years.

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