The Role of SME Banking in Poverty Reduction and Financial Development in Bangladesh

บทคัดย่อ

This research investigates the influence of Small and Medium-sized Enterprise (SME) banking on poverty alleviation and financial development in Bangladesh. Utilizing a qualitative methodology, the study conducted in-depth interviews with eight purposively selected experts based in Dhaka, Bangladesh. These participants included professionals from SME banking sectors, financial development policymakers and regulators, development practitioners engaged with SMEs, and academics specializing in SME finance and development. The data collected underwent a rigorous content analysis, revealing that Bangladesh's significant economic growth has been largely driven by SME development, which has positively impacted GDP and employment rates. SME banking has played a crucial role in this growth by providing essential financial services that support business expansion and innovation. Additionally, SME banking has promoted financial inclusion by specifically targeting historically underserved communities, contributing to a more equitable and thriving society. The findings of this study enhance the existing literature on the role of SME banking in poverty reduction and financial development. The insights gained have substantial implications for policymakers, financial institutions, and the academic community both within Bangladesh and in a broader international context.