Trust Bank, Sheba.xyz sign MoU to launch digital nano loan

Trust Bank PLC has signed a Memorandum of Understanding (MoU) with leading digital fintech platform Sheba.xyz to promote digital financial inclusion in Bangladesh through the introduction of a Digital Nano Loan facility, according to a press release.

The agreement was signed at Trust Bank Head Office in Dhaka by Mr. Ahsan Zaman Chowdhury, Managing Director & CEO of Trust Bank PLC, and Mr. IlmulHaque, Managing Director of Sheba Fintech Limited, on behalf of their respective organizations on February 3, 2026 at Trust Bank’s Head Office.

Under this partnership, micro and small entrepreneurs will be able to access collateral-free nano loans through a fully digitized process featuring simplified applications, e-KYC, quick approvals, and seamless disbursement and repayment via digital wallets. The initiative is expected to improve access to formal financing, strengthen cash flow management, and support the growth of small businesses nationwide.

At the event, it was announced that the Digital Nano Loan facility will be offered to registered users of the Sheba Pay platform. Under this arrangement, Trust Bank PLC will act as the lending partner, while Sheba Fintech Limited will serve as the technology and service provider.

Senior officials from both organizations attended the signing ceremony. Both parties expressed optimism that this collaboration will play a significant role in expanding digital lending services and advancing financial inclusion in Bangladesh.