The Daily Corporate Desk
Dhaka, 05 June 2026: NCC Bank PLC has signed two participation agreements with Bangladesh Bank to expand financing support for Cottage, Micro, Small and Medium Enterprises (CMSMEs), reinforcing its commitment to entrepreneurship development and inclusive economic growth.
Under the agreements, NCC Bank will provide term loans and working capital financing to entrepreneurs operating in various industrial clusters under Bangladesh Bank’s Tk 3,000 crore Cluster Finance Refinance Scheme. The bank will also participate in the central bank’s Tk 1,500 crore Financial Sector Fund for the Development of Micro, Small and Medium Enterprises (FSFDMSME), aimed at improving access to affordable financing for the country’s SME sector.
Loans disbursed under both schemes will carry a preferential interest rate of 7 percent, making financing more accessible for entrepreneurs and small businesses.
The agreements were signed at Bangladesh Bank’s head office in the presence of Deputy Governor Nurun Nahar. M. Shamsul Arefin, Managing Director of NCC Bank, and Nawshad Mustafa, Director of the SME and Special Program Department of Bangladesh Bank, signed the agreements on behalf of their respective organizations.
The signing ceremony was also attended by Husne Ara Shikha, Executive Director of Bangladesh Bank; Md. Habibur Rahman, Deputy Managing Director of NCC Bank; Sharif Mohammad Mahsin, Senior Vice President and Head of SME Division of NCC Bank; alongside senior officials from both institutions.
The initiative is expected to strengthen financing opportunities for CMSMEs, support cluster-based industrial development, and contribute to employment generation and sustainable economic growth across Bangladesh.
