Meghna Bank PLC has signed participation agreements with Bangladesh Bank under the Cluster Financing Scheme and the CMSME Refinancing Scheme through the SME and Special Programmes Department (SMESPD) to strengthen financing support for cottage, micro, small and medium enterprises (CMSMEs) across the country.Nawshad Mustafa, director of the SME and Special Programmes Department of Bangladesh Bank, and Syed Mizanur Rahman, managing director of Meghna Bank PLC, signed the agreements at the Bangladesh Bank headquarters in Motijheel, Dhaka recently, according to a press release.Under the schemes, CMSME customers will be able to avail financing facilities at a concessional interest rate of 7 percent per annum, enhancing access to affordable financing for entrepreneurs and small businesses nationwide.The initiatives are expected to expand financing support for cluster-based industries, micro and small entrepreneurs, and financially underserved CMSME sectors, contributing to sustainable economic growth and employment generation.Nurun Nahar, deputy governor of the central bank, attended the signing ceremony.Husne Ara Shikha, executive director of Bangladesh Bank, and Mohammad Sohel Miah, head of SME banking, along with other senior officials from both organisations, were also present.
Meghna Bank joins BB refinance schemes to support CMSME growth
Meghna Bank PLC has signed participation agreements with Bangladesh Bank under the Cluster Financing Scheme and the CMSME Refinancing Scheme through the SME and Special Programmes Department (SMESPD) to strengthen financing support for cottage, micro, small and medium enterprises (CMSMEs) across the country.








