News & Events

Seminar on ‘Financial Literacy and Managerial Capacity of Women Entrepreneurs in Small Firms and Access to Formal Sources of Finance’ held at BIBM

Written by Manager

Thursday 31st October 2019

Press Release
Dhaka, 30 October, 2019:
A half day long seminar was held at the Bangladesh Institute of Bank Management (BIBM) on 30 October, 2019, in its auditorium. Dr. Prashanta Kumar Banerjee, Professor & Director (RD&C) of BIBM delivered welcome address. Dr. Md. Akhtaruzzaman, Director General of BIBM chaired the Program.
A paper titled ‘Financial Literacy and Managerial Capacity of Women Entrepreneurs in Small Firms and Access to Formal Sources of Finance’ was presented in the seminar by Dr. Md. Mosharref Hossain, Assistant Professor of BIBM; Md. Ruhul Amin, Assistant Professor of BIBM; Tahmina Rahman, Assistant Professor of BIBM; Anwar Faruq Talukder, Executive Vice President of  Dutch-Bangla Bank Ltd.

A good number of participants including senior bank executives, academicians, media representatives, faculty members of BIBM took part in the seminar.
S.M. Moniruzzaman,  Chairman of BIBM Executive Committee and Deputy Governor of Bangladesh Bank was present in the seminar as the chief guest. Barkat-e-Khuda, Dr.  Muzzafer Ahmed Chair Professor of BIBM & Former  Professor of Dhaka University; S.A. Chowdhury, Former A.K. Gangopadhaya Chair Professor of BIBM; Helal Ahmed Chowdhury, Supernumerary Professor of BIBM & Former Managing Director of  Pubali Bank Limited; Md. Yasin Ali, Former Supernumerary Professor of BIBM; Chowdhury Akhtar Asif, Deputy Managing Director and CRO of  BRAC Bank Lmited; Lila Rashid, General Manager, SME & Special Programmes Department of Bangladesh Bank; Tina F. Jabeen, Investment Advisor, Startup Bangladesh, ICT Ministry, Government of Bangladesh spoke among others at the event.

According to the study, banks can consider to reduce the rate by searching for low cost funds. In this case, Bangladesh Bank, Government or any other donor agencies may provide low cost funds to the commercial banks. In addition, banks may offer lower interest rate to the borrowers who have willingness to accept a collateralized loan contract relative to unsecured loans.

Deputy Governor said, women entrepreneurs are playing an important role in promoting growth and development, and hence reducing poverty. In this regard, SMEs provide a good starting point for the mobilization of women’s talent, especially in the rural areas. Similarly, SEs can provide an avenue for the testing and development of women’s entrepreneurial ability. 

The number of female entrepreneurs in almost every economy is very few and in developing countries most of the females are less likely to be entrepreneurs due to various social constraints and their inherent characteristics, he added.
In the concluding speech, Director General of BIBM said, output of the study along with opinions and observations made today will help BB to take future actions.

Members of the Institute

  • Bangladesh Bank
  • Sonali Bank Limited
  • Janata Bank Limited
  • Agrani Bank Limited
  • Rupali Bank Limited
  • Pubali Bank Limited
  • Uttara Bank Limited
  • Bangladesh Krishi Bank
  • Bangladesh Development Bank Limited
  • AB Bank Limited
  • National Bank Limited
  • Eastern Bank Limited
  • United Commercial Bank Limited
  • Islami Bank Bangladesh Limited
  • IFIC Bank Limited
  • Rajshahi Krishi Unnayan Bank
  • Standard Chartered Bank
  • Dutch-Bangla Bank Limited
  • Mercantile Bank Limited
  • ONE Bank Limited
  • Al-Arafah Islami Bank Limited
  • National Credit and Commerce Bank Limited
  • Trust Bank Limited
  • Southeast Bank Limited
  • Social Islami Bank Limited
  • The Hongkong and Shanghai Banking Corporation Limited
  • Standard Bank Limited
  • Export Import Bank of Bangladesh Limited
  • Mutual Trust Bank Limited
  • BASIC Bank Limited
  • Jamuna Bank Limited
  • Bank Asia Limited
  • First Security Islami Bank Limited
  • The City Bank Limited
  • Prime Bank Limited
  • Dhaka Bank Limited
  • Investment Corporation of Bangladesh
  • Bangladesh Commerce Bank Limited
  • BRAC Bank Limited
  • The Premier Bank Limited
  • Shahjalal Islami Bank Limited
  • State Bank of India
  • Habib Bank Limited
  • Commercial Bank of Ceylon PLC
  • Bank Alfalah Limited
  • Citibank, N.A.
  • National Bank of Pakistan
  • South Bangla Agriculture and Commerce  Bank Limited
  • Meghna Bank Limited
  • Woori Bank
  • NRB Commercial Bank Limited
  • Union Bank Limited
  • The Farmers Bank Limited
  • NRB Bank Limited
  • Shimanto Bank Limited
  • Bangladesh House Building Finance Corporation
  • Non Member NBFI