BRAC Bank has successfully concluded a multi-district promotional roadshow aimed at accelerating the adoption of “Shafollo”, Bangladesh’s first fully digital small and medium enterprise (SME) e-loan product. The initiative represents a notable advance in the automated financial inclusion of small-scale commercial enterprises within the country’s banking infrastructure. The promotional campaign, structured under the title “Shafollo […]

Shimanto Bank PLC has entered into a formal partnership with the central bank of Bangladesh to enhance credit availability for Cottage, Micro, Small, and Medium Enterprises (CMSMEs) nationwide. The private commercial lender executed two distinct participation agreements with Bangladesh Bank, aligning with the Cluster Financing Scheme and the FSFDMSME Refinancing Scheme. Managed under the auspices […]

Prime Bank PLC has launched a specialized Bangla QR-based transaction system tailored for purchasing sacrificial livestock ahead of the Eid-ul-Adha festival. This development represents the first deployment of a unified, interoperable QR code payment infrastructure within Bangladesh’s traditional livestock trading sector. The digital system allows shoppers to complete high-value retail acquisitions electronically, eliminating the security […]

As the annual Eid-ul-Adha festive period approaches, a vast national supply chain has been mobilised across Bangladesh to manage the movement of sacrificial animals. Official statistical indices released by the Ministry of Fisheries and Livestock reveal that the total volume of festival-ready livestock for 2026 stands at 12,333,840 heads. This aggregate inventory comprises 5,695,878 cattle […]

Citizens Bank PLC has finalised a participation agreement with Bangladesh Bank, the regulatory monetary authority, to implement two major credit interventions aimed at supporting the micro, small, and medium enterprise (MSME) sectors. The agreement, executed at the central bank’s head office in Dhaka, authorises Citizens Bank to act as a primary lending partner for the […]

Bank Asia PLC has executed a formal participation agreement with Bangladesh Bank to expand credit distribution channels and strengthen financing support for Cottage, Micro, Small, and Medium Enterprises (CMSMEs) across the country. Under the terms of this contractual agreement, Bank Asia will act as a primary financial intermediary to disburse concessionary credit lines to grassroots […]