MTB backs CMSME growth with SICIP loan sanctions
Mutual Trust Bank PLC (MTB) has distributed loan sanction letters to selected participants of the Skills for Industry Competitiveness and Innovation Programme (SICIP) at the concluding ceremony of a month-long capacity-building workshop held in Jashore.
Nawshad Mustafa, Director of the SME and Special Programmes Department (SPD) of Bangladesh Bank, handed over the loan sanction letters as chief guest. The SICIP is funded by the Asian Development Bank (ADB) and implemented under an initiative of the Ministry of Finance, Government of Bangladesh.
The month-long workshop was organised by MTB's Jashore branch for 25 cottage, micro, small, and medium enterprise (CMSME) entrepreneurs. The programme focused on enhancing business management skills, product knowledge, and financial literacy, to support sustainable business growth.
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Addressing the ceremony, Nawshad Mustafa praised MTB's initiative to sanction fresh loans to selected participants on the concluding day of the workshop. He stated that the timely financing reflects the bank's commitment to strengthening CMSME financing and promoting inclusive economic growth across the country.
Md Nazrul Islam, Project Director of SICIP and Additional Director of Bangladesh Bank; Md Ayub Ali, Joint Director of Bangladesh Bank; and Sanjib Kumar Dey, Head of SME and Agri Banking Division of MTB, also spoke at the event.
