Dutch-Bangla Bank Limited (DBBL) has signed a participation agreement with Bangladesh Bank under the central bank’s Tk3,000 crore Cluster Financing Scheme.
The scheme will enable eligible entrepreneurs to access financing at a concessional rate of 7 per cent per annum to support business expansion, increase productivity, and generate employment.
The signing ceremony was held at Bangladesh Bank headquarters in Dhaka, attended by Deputy Governor Nurun Nahar and Executive Director Husne Ara Shikha.
DBBL Managing Director and CEO Md Ahteshamul Haque Khan and Bangladesh Bank Director (SMESPD) Nawshad Mustafa signed the agreement on behalf of their organisations, the bank said in a press release.
Senior officials, including DBBL SEVP and CAMLCO Anwar Faruq Talukder, along with other representatives from both institutions, were also present at the event.
The scheme aims to provide affordable financing to entrepreneurs, fostering business growth and contributing to job creation across Bangladesh’s SME sector.
