Mutual Trust Bank PLC (MTB) has distributed fresh loans to clients under the Credit Guarantee Scheme (CGS) of Bangladesh Bank to celebrate its Silver Jubilee in its corporate Head office in Dhaka.
CGS is launched to scale up lending to CMSMEs who are unable to offer readily available collateral to receive credit facilities from commercial banks.
Some 25 entrepreneurs’ have received loan sanction under CGS out of which 20 enterprises are owned by women.
Nurun Nahar, deputy governor of Bangladesh bank graced the event as chief guest and handed over loan sanction letters to clients.
Nahid Rahman, director, CGD, Nawshad Mustafa, director, SMESPD of Bangladesh Bank attended the program as special guest.
Syed Mahbubur Rahman, MD and CEO of MTB PLC presided over this program and emphasized on the scope and benefit of the CGS scheme. Other officials of Bangladesh Bank and MTB PLC have also joined this event.