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Mandatory BIN: Small entrepreneurs trapped in red tape

A new requirement mandating a business identification number (BIN) to open business bank accounts and secure expansion loans has hit cottage, micro, small, and medium enterprises (CMSMEs) hard. Effective from the current fiscal year, the rule has created significant operational hurdles for small bus

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  • Dhaka Tribune Independent
    Kazi Group · corporate

    A new requirement mandating a business identification number (BIN) to open business bank accounts and secure expansion loans has hit cottage, micro, small, and medium enterprises (CMSMEs) hard. Effective from the current fiscal year, the rule has created significant operational h

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