United Finance partners with Bangladesh Bank under cluster financing and MSME development schemes

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Dhaka, May 13, 2026 — The Daily Corporate Desk

United Finance PLC has partnered with Bangladesh Bank under the central bank’s BDT 3,000 crore Cluster Financing Scheme and BDT 1,500 crore MSME Development Fund to support the growth of cottage, micro, small, and medium enterprises (CMSMEs) across the country.

The initiatives aim to improve access to finance for entrepreneurs and strengthen sustainable business growth through cluster-based industrial development.

The agreement was formally signed by Mohammed Abul Ahsan, Acting Managing Director of United Finance PLC, and Nawshad Mustafa, Director of the SME Special Programmes Department (SMESPD) at Bangladesh Bank.

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The signing ceremony was held in the presence of Bangladesh Bank Deputy Governor Nurun Nahar, along with senior officials from both organizations.

Officials said the partnership reflects a joint effort to strengthen financial inclusion and expand institutional support for small and medium enterprises, which play a crucial role in employment generation and economic development in Bangladesh.

Under the schemes, entrepreneurs involved in cluster-based industries and MSME sectors will receive improved financing support aimed at boosting productivity, business sustainability, and regional economic activities.

Industry insiders believe such refinancing and development initiatives will help strengthen the country’s MSME ecosystem while supporting entrepreneurship, rural industrialization, and long-term economic resilience.

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