Jamuna Bank taps Bangladesh bank funds to boost CMSME lending
Jamuna Bank PLC has signed two participation agreements with Bangladesh Bank under refinance schemes aimed at expanding affordable financing for cottage, micro, small and medium enterprises across the country.
The agreements were signed under the Financial Sector Fund for the Development of Micro, Small and Medium Enterprises and the Cluster Financing Scheme at the Jahangir Alam Conference Hall of Bangladesh Bank's head office on 18 May 2026, according to a press release.
Under the initiatives, CMSMEs across the country will be able to access financing at an interest or profit rate of up to 7% under easier terms and conditions.
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The initiative is expected to support industrialisation, employment generation and inclusive economic growth.
Nurun Nahar, Deputy Governor of Bangladesh Bank, and Naushad Mostafa, Director of the SME and Special Programmes Department, attended the ceremony along with other senior officials of the central bank.
Representing Jamuna Bank PLC were Noor Mohammed, Deputy Managing Director and Chief Business Officer, and N H M Nusrat, Head of SME Business.
Through the agreements, Jamuna Bank PLC will be able to channel Bangladesh Bank's low-cost refinance facilities more effectively to small and medium entrepreneurs across the country.
The bank said the initiative would contribute to the development and expansion of the CMSME sector.
