ONE Bank PLC has recently signed two new major agreements with Bangladesh Bank under the Tk3,000 crore cluster financing scheme and the Tk1,500 crore financial sector fund for the development of micro, small and medium enterprises (FSFDMSME).
These initiatives are strategically designed to foster entrepreneurship, enhance financial inclusion and drive the growth of cluster-based industries and cottage, micro, small and medium enterprises (CMSMEs) across the country.
With the presence of chief guest Nurun Nahar, deputy governor, Bangladesh Bank, Nawshad Mustafa, director, SME &Special Programs Department (SMESPD), Bangladesh Bank and Kazi Ziaul Islam, deputy managing director, ONE Bank PLC, signed and exchanged the agreement documents.
The ceremony was also graced by Husne Ara Shikha, executive director, Bangladesh Bank, Newaz Khalid Ahmed, head of commercial and SME business, ONE Bank, along with other officials from Bangladesh Bank.
Under these schemes, eligible entrepreneurs can access financing facilities at a concessional 7% annual interest rate, facilitating affordable growth, increased productivity, and employment generation.
Through these strategic partnerships, ONE Bank PLC reaffirms its commitment to empowering local entrepreneurship and innovation, driving sustainable economic progress across Bangladesh.
