Bangladesh, Sept. 14 -- Bengal Commercial Bank signed an agreement with Bangladesh Bank to facilitate working capital financing for Cottage, Micro, Small and Medium Enterprises (CMSMEs) across the country.

Under this agreement, loans from the Tk. 5,000 crore working capital refinancing fund established by Bangladesh Bank will be disbursed among the CMSME entrepreneurs at low interest rates and on easy terms, according to a press release.

K. M. Awlad Hossain, Managing Director of Bengal Commercial Bank and Md. Zabdul Islam, Director of the SME and Special Programmes Department of Bangladesh Bank, signed the agreement on behalf of their respective organisations recently at the head office of Bangladesh Bank. Md. Anis Ur Rahman, Deputy Go...