Mutual Trust Bank PLC (MTB) has signed a participation agreement with Bangladesh Bank to implement the BDT 3,000 Crore Cluster Financing Scheme and the BDT 1,500 Crore Financial Sector Fund for the Development of Micro, Small and Medium Enterprises (FSFDMSME). The initiative aims to nurture entrepreneurship and support cluster-based and micro, small and medium enterprises across the country.
The signing ceremony was held on May 18, 2026 at the Jahangir Alam Conference Hall of Bangladesh Bank, where Nawshad Mustafa, Director of SMESPD of BB and Syed Mahbubur Rahman, MD & CEO of MTB exchanged the agreement documents on behalf of their respective organizations in presence of Nurun Nahar, Deputy Governor of Bangladesh Bank and also the Chief guest of the event.
The event was also attended by Husne Ara Shikha, Executive Director of Bangladesh Bank, Sanjib Kumar Dey, Head of SME & Agri Banking Division of MTB and other officials of Bangladesh Bank.
Under this agreement, MTB will provide loans to cluster entrepreneurs at a concessional interest rate of 7% under Bangladesh Bank’s refinancing scheme. Financing facilities for micro, small and medium entrepreneurs will also be extended at the same rate.
In addition to financing support, MTB will provide training, technical assistance and advisory services to help entrepreneurs grow and sustain their businesses effectively.