Eligible small and medium enterprises registered with the SME Foundation can access an annual foreign exchange remittance limit of up to $3,000 for legitimate current or operational business expenses abroad, under the Dhaka Bank Mastercard SME credit card launched by Dhaka Bank PLC in collaboration with Mastercard.
The dual-currency payment solution is designed to help SMEs manage expenses and cash flow. The card offers customised spending limits and flexible repayment options. The dual-currency feature facilitates domestic and international transactions, said a press release on Monday.
Cardholders receive complimentary access to selected international airport lounges and the Balaka Lounge at Hazrat Shahjalal International Airport, exclusive Mastercard-led offers at more than 10,000 merchant locations across Bangladesh, international discounts, year-round buy-one-get-one offers at participating hotels and restaurants, complimentary airport pick-up and drop-off services and dedicated support through the Dhaka Bank Card Experience Center.
Dhaka Bank MD and CEO Osman Ershad Faiz said, “SMEs are at the heart of Bangladesh’s economy and Dhaka Bank remains committed to supporting their growth through innovative financial solutions. This initiative marks a significant step forward in accelerating digital payment adoption and supporting the vision for a Cashless Bangladesh.”
Mastercard Country Manager, Bangladesh, Zakia Sultana said, “Small enterprises are central to Bangladesh’s economic progress and digital transformation journey. This collaboration reflects Mastercard’s commitment to supporting the SME ecosystem through secure, convenient, and value-added payment solutions.”
Bangladesh Bank SME & Special Programmes Department (SMESPD) Additional Director Hafia Tazrean, Mastercard Country Manager Zakia Sultana, Dhaka Bank Additional MD A K M Shahnawaj, Dhaka Bank Deputy MD and Chief Emerging Markets Officer Md Mostaque Ahmed, Dhaka Bank SEVP and Head of Retail Business H M Mostafizur Rahaman, Dhaka Bank EVP and Head of MSME and Emerging Business Division Mohammad Mahbubur Rahman Palash and Mastercard Lead Merchant & Commerce Jubaer Hossain attended, along with senior officials from both organisations.
SME cards were handed over to Md Al Mamun Sumon of Naba Shoe Industry and Md Hasan Mahmud Khan of HNBC Industries Ltd.
