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SBAC Bank aids Bangladesh Startup Investment Company

Md Rabiul Islam, additional managing director of SBAC Bank, handed over a cheque worth more than Tk2.58 crore from the bank’s investable fund to Nawshad Mostafa, director (SMESPD) of Bangladesh Bank

Update : 10 Mar 2026, 05:12 PM

SBAC Bank PLC has handed over a cheque to transfer funds to Bangladesh Startup Investment Company PLC, established by Bangladesh Bank to make equity investment more accessible for technology-based and innovative entrepreneurs.

Md Rabiul Islam, additional managing director of SBAC Bank, handed over a cheque worth more than Tk2.58 crore from the bank’s investable fund to Nawshad Mostafa, director (SMESPD) on Tuesday (10 March 2026) at the SME and Special Programs Department of the central bank.

Mohammad Abdul Mannan, EVP & head of credit, along with other officials from both organizations, were present on the occasion.

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