MTB distributes loans to participants of SICIP at Jashore

Mutual Trust Bank PLC (MTB) has distributed loan sanction letters to selected participants of the Skills for Industry Competitiveness and Innovation Program (SICIP) at the concluding ceremony of a month-long capacity-building workshop held in Jashore, according to a press release.

Nawshad Mustafa, Director of SME & Special Programmes Department (SPD), Bangladesh Bank, handed over the loan sanction letters as the Chief Guest. The SICIP program is funded by the Asian Development Bank (ADB) and implemented as an initiative of the Ministry of Finance, Government of Bangladesh.

The Jashore Branch of MTB organized the month-long workshop for 25 CMSME entrepreneurs, focusing on enhancing business management skills, product knowledge, and financial literacy to support sustainable business growth.

Addressing the ceremony, Nawshad Mustafa appreciated MTB’s initiative of sanctioning fresh loans to selected participants on the concluding day of the workshop. He noted that this timely financing reflects MTB’s strong commitment to strengthening CMSME financing activities and promoting inclusive economic growth across the country.

Md. Nazrul Islam, Project Director of SICIP and Additional Director, Bangladesh Bank; Md. Ayub Ali, Joint Director, Bangladesh Bank and Sanjib Kumar Dey, Head of SME & Agri Banking Division, MTB, also spoke at the event.