Dhaka, May 24 -- Shimanto Bank PLC has recently signed Participation Agreements with Bangladesh Bank under the Cluster Financing Scheme and the FSFDMSME Refinancing Scheme through the SME & Special Programs Department (SMESPD) to strengthen financing support for Cottage, Micro, Small and Medium Enterprises (CMSMEs) across the country.

The signing ceremony was held at Jahangir Alam Conference Hall of Bangladesh Bank Head Office in Dhaka. The program was chaired by Nurun Nahar, Deputy Governor, Bangladesh Bank, according to a media release.

Md. Nurul Azim, Managing Director & CEO of Shimanto Bank PLC, and Nawshad Mustafa, Director of SMESPD, Bangladesh Bank, signed the agreement on behalf of their respective organizations.

Among others, ...