Small and Medium Enterprises (SMEs) are treated as engines of growth and drivers of innovation for playing vital role in driving economic growth and generating employment. SMEs are playing a pivotal role in the country’s accelerated industrialization and economic growth, employment generation, and poverty alleviation. Nearly 90% of the country’s enterprises are SMEs. Beyond these, there are promising Cottage and Micro enterprises too.

Cottage, Micro, Small & Medium Enterprises are the building blocks of the fastest-growing market in Bangladesh and most of this market is still untapped especially in rural areas that are contributing to the economy silently having the capacity to do more. Only Small & Medium (SME) enterprises account for 25% of the GDP of our country and contribute more than 30% employment of working population.

But its significance extends far beyond their numeric contribution to our GDP & Employment. SMEs contribute to the economy not only by itself but also by its contribution as backward linkage industries of large industries. This sector is widely distributed all over the country which means developing CMSME sector will play a major role in bridging the urban-rural gap and contribute towards inclusive growth by ensuring financial inclusion.

Being a market-oriented bank, Jamuna Bank PLC senses well all potentials in the market/economy. With its dedicated SME Banking Division, Jamuna Bank PLC has been entertaining CMSME entrepreneurs with its wide variety of innovative and market-oriented products since 2009. The SME Banking Division of Jamuna Bank comprises of experienced, dedicated, and self-motivated hard workers who ensure smooth services to the CMSME clients all over the country through SME Business Units in Mega Cities (ie. Dhaka, Chattogram, Bogura, Khulna), Branches, Sub-branches, and Agent points of the Bank.

The engagement of women entrepreneurs is increasing rapidly in the economy of Bangladesh. Bangladesh Bank also undertook special strategies with low-rate loan products to assist & motivate existing and new entrepreneurs to ensure their contribution in the development of national economy. Being financially & socially sensible financial institute, Jammuna Bank has come forward with special services to women entrepreneurs of our country. As part of it, we established “Women Entrepreneurs Development Unit” at head office level, “WEDU Desk” in each branch & engaged focal officer to help women entrepreneur as advisor, partner, trainer whatever requires to be a successful entrepreneur.