Bangladesh Bank, BRAC Bank join hands to finance start-ups
Bangladesh Bank has signed an agreement with BRAC Bank to provide refinancing support for the country's growing start-up sector.
Through this agreement, BRAC Bank will gain access to a Tk500 crore fund established by the central bank to facilitate easier financing for start-ups. The arrangement is designed to enhance the capacity of emerging entrepreneurs and strengthen their contribution to the national economy.
The signing ceremony took place on 2 September 2025 at the Bangladesh Bank headquarters, with Governor Ahsan H. Mansur joining virtually. Deputy Governor Nurun Nahar and Executive Director Husne Ara Shikha were present.
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Bangladesh Bank's Additional Director Muhammad Mustafizur Rahman and BRAC Bank's Additional Managing Director and Head of SME Banking Syed Abdul Momen exchanged the agreement documents. Managing Directors and senior officials of 22 participating banks and financial institutions also attended. The collaboration will be coordinated by the Bangladesh Bank's SME and Special Programmes Department.
By financing entrepreneurs in this high-potential sector, BRAC Bank aims to strengthen Bangladesh's start-up ecosystem, which is increasingly attracting international investors and forging sustainable global partnerships. The refinancing facility will enable innovators to access capital to scale their ventures, driving economic growth, employment generation, and technological progress.
BRAC Bank stated that its participation in this landmark initiative underscores its commitment to supporting promising young enterprises and advancing inclusive growth and innovation throughout Bangladesh.
