Dhaka Bank, SME foundation to expand CMSME financing
Bangladesh, June 24 -- Dhaka Bank PLC has signed participation agreements with SME Foundation under the Food Value Chain Improvement Project (FVCIP), funded by JICA, and the Revolving Fund through the Special SME Credit Wholesaling Programme.
Anwar Hossain Chowdhury, managing director of the foundation, and AKM Shahnawaj, additional managing director of the bank, signed the agreements at a hotel in Dhaka recently, according to a press release.
Khandakar Abdul Muktadir, minister for industries, attended the signing ceremony as the chief guest.
Under the agreements, Dhaka Bank will provide financing support to cottage, micro, small and medium enterprises (CMSMEs) across the country at concessional interest rates.
The Food Value Chain I...
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