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Community Bank backs startup financing via investment in multi-bank VC fund

The primary objective of this initiative is to promote entrepreneurship, generate employment opportunities, and contribute to sustainable economic growth

Update : 23 Feb 2026, 04:32 PM

With a view to expanding innovation-driven financing and fostering entrepreneurship, Community Bank Bangladesh PLC extended its patronage to Bangladesh Startup Investment Company under the “Startup Financing Initiative.”

The initiative has been undertaken as part of the bank’s strategic vision to advance innovation-based financing in the country.

The primary objective of this initiative is to promote entrepreneurship, generate employment opportunities, and contribute to sustainable economic growth.

On this occasion, at a ceremony held at the SMESPD Department of Bangladesh Bank, Kimiwa Saddat, managing director (current charge) of Community Bank Bangladesh PLC, handed over the pay order in favour of Bangladesh Startup Investment Company through Nawshad Mustafa, director, SMESPD of Bangladesh Bank.

Among others present at the event were Md Shariful Islam Kadir, chief financial officer; Hossain-Al-Safeer Chowdhury, head of SME; Sharif Hasan Mamun, head of agriculture of Community Bank Bangladesh PLC, along with senior officials from both organizations.

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