Trust Bank PLC and Sena Kalyan Constructions & Developments Ltd signed a memorandum of understanding on 19 May 2026 to launch a housing building loan programme for customers of both organisations, officials said in a press announcement. The signing took place in the board room of Trust Bank’s head office as part of efforts to broaden credit access for residential borrowers.
Md Mahboob Hossain, SEVP and Head of Business at Trust Bank, and Brig Gen Rezaul Karim ndc psc, Managing Director of Sena Kalyan Constructions & Developments, signed the agreement on behalf of their respective organisations at the ceremony. Ahsan Zaman Chowdhury, Managing Director and CEO of Trust Bank, and senior executives from both entities were also present, the statement said.
Under the deal, eligible customers of Trust Bank and Sena Kalyan Constructions & Developments will be able to apply for housing building loans tailored to support residential construction and property acquisition, the release said. The partnership aims to combine banking expertise with the property development experience of Sena Kalyan to facilitate affordable home financing.
Trust Bank’s senior executives described the initiative as part of the bank’s broader strategy to meet growing demand for retail credit products in Bangladesh’s expanding mortgage and housing finance market. Sena Kalyan Constructions & Developments, as a subsidiary of the welfare organisation Sena Kalyan Sangstha, brings experience in large‑scale construction projects and housing ventures, positioning it as a strategic partner for financial solutions tied to residential development.
The MoU outlines a framework for co‑developing loan products, joint marketing efforts and streamlined application processes, the statement said, with both parties committed to promoting financial inclusion and supporting housing aspirations for their customers.
Trust Bank’s CEO Ahsan Zaman Chowdhury reaffirmed the bank’s focus on product innovation and customer service, highlighting the potential of the housing loan programme to deepen the bank’s retail footprint. Meanwhile, Brig Gen Rezaul Karim said the collaboration would provide mutually beneficial opportunities by leveraging Sena Kalyan’s construction portfolio with Trust Bank’s lending platform.
The agreement launches at a time when demand for formal housing finance in Bangladesh is rising, driven by urbanisation, income growth and government support for residential sector expansion. Both partners said they would begin implementation immediately, with detailed product terms and eligibility criteria to be announced to customers in the coming weeks.
