Bangladesh Bank, BRAC Bank conduct training for entrepreneurs

With technical assistance from Bangladesh Bank, BRAC Bank has conducted intensive training for 50 up-and-coming entrepreneurs in two batches.

The closing ceremony of the second batch of the grooming initiative titled ‘Entrepreneurship Development Programme’ took place at the bank’s head office in Dhaka on Thursday, BRAC Bank said in a statement.

Md Obayedul Hoque, Executive Director, Bangladesh Bank, formally handed over the certificates to the 25 entrepreneurs of the second batch. The training of first batch was completed on March 27, 2022.

Selim RF Hussain, Managing Director and CEO, BRAC Bank; Syed Abdul Momen, Deputy Managing Director and Head of SME Banking, BRAC Bank, and Mohammad Zahid Iqbal, Joint Director, SME and Special Programmes Department, Bangladesh Bank, were also present.

BRAC Bank has hosted the month-long training at its premises, with Bangladesh Bank officials and BRAC Bank training professionals conducting the sessions.

The training programme aims to facilitate the upcoming business owners to develop and hone entrepreneurial and managerial skills to expand and sustain their businesses. As part of the programme, the entrepreneurs participated in a product fair at the bank premises.

The programme is funded by Asian Development Bank (ADB) and managed by the Skills for Employment Investment Programme (SEIP) Project, SME and Special Programmes Department, Bangladesh Bank.

Commenting on the initiative, Selim RF Hussain said, “As an SME-focused bank, BRAC Bank always emphasises on ensuring easy access to finance to the new entrepreneurs. We also arrange intensive training to help them run their business smoothly.”

“We think this pro-business initiative of the Bangladesh Bank will amplify the country’s economic momentum. We thank Bangladesh Bank for assigning us to be the organiser of this significant and worthwhile training initiative,” he added.