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Mutual Trust Bank PLC (MTB) has joined Bangladesh Bank’s BDT 2,000 crore Pre-finance Scheme for the Development and Expansion of the Leather and Leather Goods Industry, aimed at promoting the growth and development of the country’s leather and leather goods sector through affordable financing. The initiative is expected to support leather processing and leather goods manufacturing enterprises, encourage the adoption of modern technologies, ensure environmentally sustainable industrial practices and enhance the sector’s export competitiveness.
The signing ceremony was held on 01 November 2026 at Bangladesh Bank, where Md. Zabdul Islam, Director, SMESPD, Bangladesh Bank, and Syed Mahbubur Rahman, Managing Director & CEO, Mutual Trust Bank PLC, exchanged the agreement documents on behalf of their respective organizations. The event was graced by Md. Anis Ur Rahman, Deputy Governor of Bangladesh Bank, as the Chief Guest. Nahid Rahman, Executive Director was also present at the ceremony. Sanjib Kumar Dey, Head of SME & Agri Banking Division, Mutual Trust Bank PLC, along with other officials from Bangladesh Bank, also attended the signing ceremony.
The scheme is a three-year revolving fund, providing refinance facilities to participating banks at 4% interest, with a maximum customer-level interest rate of 7%. Eligible enterprises can avail term financing for up to seven years, including a grace period of up to two years, and working capital financing for up to one year, subject to applicable conditions.
The scheme supports investment in tannery and leather goods manufacturing, raw leather processing, modern machinery, cold storage, environmental compliance infrastructure and LWG certification.
Through its participation, MTB aims to expand access to affordable financing, strengthen the leather and leather goods industry, promote sustainable industrial practices, enhance export competitiveness and generate employment in Bangladesh.
