News Details
NRBC Bank PLC has signed an agreement with Bangladesh Bank to participate in the Tk 5,000 crore revolving refinance fund, supporting the working capital needs of Cottage, Micro, Small and Medium Enterprises (CMSMEs). The agreement was signed by Md. Zabdul Islam, Director, SME and Special Programs Department (SMESPD), Bangladesh Bank, and Dr. Md. Touhidul Alam Khan, FCMA, Managing Director, NRBC Bank PLC, in the presence of Deputy Governor Md. Anis Ur Rahman. Ms. Nahid Rahman, Executive Director, Bangladesh Bank, Ms. Shahanaj Parvin, Additional Director, Bangladesh Bank and Md. Romjan Ali Bhuiyan, Head of SME Division, NRBC Bank were also present in the signing ceremony. Under the scheme, eligible CMSME entrepreneurs can access financing at an interest rate of 9%, helping them sustain and expand production, services and business operations. This initiative marks another step towards strengthening CMSMEs, creating employment opportunities and supporting sustainable economic growth.