Trust Bank PLC has executed two separate participation agreements for refinance initiatives launched by Bangladesh Bank. The credit facilities are strategically structured to accelerate the growth of Cottage, Micro, Small, and Medium Enterprise (CMSME) industrial clusters and to sustain the broader development of MSMEs throughout the country.
Governance and Executive Signatories
The official signing ceremony was conducted on Monday, 18 May 2026, at the central bank headquarters in Dhaka. The high-level administrative proceedings were presided over by Ms Nurun Nahar, Deputy Governor of Bangladesh Bank.
The event was attended by senior central bank executives, including Ms Husne Ara Shikha, Executive Director, and Mr Nawshad Mustafa, Director of the Small and Medium Enterprise & Special Programmes Department (SME&SPD).
Underscoring the national scale of this economic intervention, Managing Directors and Chief Executive Officers from 24 commercial banks and 5 Non-Banking Financial Institutions (NBFIs) attended the event to sign the agreements on behalf of their respective organisations. Mr Ahsan Zaman Chowdhury, Managing Director and CEO of Trust Bank PLC, signed the participation contracts on behalf of his financial institution.
Capital Allocations and Concessional Interest Framework
Under the newly ratified refinance schemes, the central bank has mobilised two distinct funds designed to eliminate credit access barriers for small-scale entrepreneurs:
CMSME Cluster Development Fund: A targeted capital injection of BDT 3,000 crore dedicated to expanding and modernising specialised industrial clusters.
General MSME Promotion Fund: An allocation of BDT 1,500 crore distributed to drive general business expansion, operational stability, and capacity building for MSMEs nationwide.
Eligible entrepreneurs and small business owners will be permitted to access these refinancing pipelines through participating financial intermediaries at a fixed, concessional interest rate capped at 7 per cent per annum.
The operational parameters and institutional framework governing the newly launched central bank facilities are detailed below:
| Refinance Scheme Classification | Total Capital Allocation | Maximum End-User Interest Rate | Participating Intermediaries | Primary Development Objective |
| CMSME Cluster Scheme | BDT 3,000 Crore | 7.00% per annum | 24 Banks & 5 NBFIs | Modernisation of regional clusters |
| General MSME Scheme | BDT 1,500 Crore | 7.00% per annum | 24 Banks & 5 NBFIs | Broad-based enterprise expansion |
Strategic Alignment and Economic Goals
According to the official press statement issued by the bank, Trust Bank’s formal participation in these state-backed refinancing operations reinforces its long-term corporate commitment to grassroots entrepreneurship. By disbursing credit under these concessional frameworks, the bank intends to actively promote financial inclusion, support local supply chains, and foster sustainable economic growth across the nation’s manufacturing and retail sectors.