Dhaka, April 18 -- SME Foundation and Prime Bank have officially entered into a refinancing agreement aimed at enhancing credit access for Cottage, Micro, Small, and Medium Enterprises (CMSMEs).

This collaboration operates under the government's BDT 300 crore Revolving Fund and follows the Credit Wholesaling guidelines designed to stimulate economic growth at the grassroots level, according to a media release.

The formal signing took place in Dhaka recently in the presence of the Minister for Industries, Commerce, and Textiles & Jute, Khandaker Abdul Muktadir, who highlighted the government's commitment to fostering a business-friendly environment for small-scale entrepreneurs.

Under this agreement, Prime Bank will facilitate low-cost ...