BRAC Bank has signed a Credit Guarantee Agreement with Palli Karma-Sahayak Foundation (PKSF) under the second phase of the Credit Enhancement Scheme (CES), securing an annual financing limit of Tk800 crore for FY2026–27 to expand access to finance for microentrepreneurs and strengthen inclusive economic growth in Bangladesh. The agreement was signed at a ceremony held at PKSF’s headquarters in Dhaka on 20 July 2026.
Under the arrangement, BRAC Bank will extend financing to marginal entrepreneurs and microenterprises through PKSF’s partner organisations and microfinance institutions (MFIs), while PKSF will provide credit guarantees and oversee implementation through its established monitoring and supervision framework. The deal forms part of a wider PKSF programme under which 12 Credit Guarantee Agreements have been signed with 11 commercial banks and one financial institution, facilitating a combined Tk2,800 crore in guaranteed financing for microenterprises during FY2026–27.
Syed Abdul Momen, Additional Managing Director and Head of SME Banking, and Tapos Kumar Roy, Head of MFI and Agriculture Finance, represented BRAC Bank at the signing, while Md Fazlul Kader, Managing Director, and Md Hasan Khaled, Deputy Managing Director, represented PKSF.
BRAC Bank has been among the strongest performers under the scheme since its launch. Between July 2025 and June 2026, the bank disbursed Tk705 crore, roughly 65% of its guaranteed portfolio of Tk1,082 crore, through 21 partner MFIs, widening access to finance for microentrepreneurs across the country.
Momen said in a press release that expanding access to finance for underserved entrepreneurs had always been central to BRAC Bank’s purpose, adding that the partnership with PKSF allowed the bank to reach more grassroots businesses through a sustainable risk-sharing model, helping unlock opportunities for enterprise development, job creation and inclusive economic growth.
As Bangladesh’s leading SME-focused bank, BRAC Bank said it would continue strengthening partnerships aimed at promoting financial inclusion, empowering underserved entrepreneurs and supporting the country’s sustainable economic development through responsible and inclusive financing.
