Bangladesh Bank, Shahjalal Islami Bank sign two participatory deals

The Bangladesh Bank has launched two refinancing schemes the “Cluster Financing Scheme” and the “Financial Sector Fund for the Development of Micro, Small and Medium Enterprises (FSFDMSME)”, aimed at promoting investment in the CMSME sector and fostering entrepreneurial growth across the country, according to a press release.

Shahjalal Islami Bank PLC signed participation agreements under both schemes on May 18, 2026, at the Jahangir Alam Conference Hall of Bangladesh Bank Head Office, Dhaka. The ceremony was presided over by Ms. Nurun Nahar, the Deputy Governor of Bangladesh Bank, in the presence of the Executive Director Ms. Husne Ara Shikha, the agreement was signed by Mr. Nawshad Mustafa, the Director of the SME & Special Programs Department of Bangladesh Bank, and Mr. Mosleh Uddin Ahmed, the Managing Director of Shahjalal Islami Bank PLC., on behalf of their respective organizations.

After the signing of the agreement, Deputy Managing Director Mr. M. M. Saiful Islam handed over the agreement documents on behalf of Shahjalal Islami Bank PLC. Among others, Mr. Md. Abdur Rahim, the Head of SME & Agri. Investment Division of Shahjalal Islami Bank PLC was present.

Through this participation, Shahjalal Islami Bank PLC has reaffirmed its’ commitment to supporting CMSME entrepreneurs by providing term/working capital investments at 7% under both the Cluster Financing Scheme and the FSFDMSME fund and contributing to the development of Bangladesh’s entrepreneurial ecosystem in line with the directives of Bangladesh Bank.