Dhaka, May 20 -- Midland Bank PLC (MDB) has signed a refinance 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 promote entrepreneurship and support the sustainable growth of cluster-based and CMSME enterprises across Bangladesh, according to a media release.

The agreement signing ceremony was held on May 18, 2026, at the Jahangir Alam Conference Hall of Bangladesh Bank.

Nurun Nahar, Deputy Governor of Bangladesh Bank, attended the event as the Chief Guest.

Nawshad Mustafa, Director of SMESPD of Bangladesh Bank, and Imtiaz U. Ahmed, Managing D...