NCC BANK, BB INK DEAL TO IMPLEMENT TK 5B START-UP REFINANCE FUND-

NCC Bank has signed a participating agreement with the Bangladesh Bank (BB) to disburse loans to eligible start-up entrepreneurs using refinance funds received from the central bank. The primary objective of the Tk5 billion fund is to support the development of new, technology-driven, innovative, and scalable entrepreneurial ventures across the country. In the presence of Bangladesh Bank Deputy Governor Nurun Nahar, M. Shamsul Arefin, managing director of NCC Bank, and Nawshad Mustafa, director of the SME and Special Program Department of Bangladesh Bank, signed the agreement recently. The signing ceremony was held at the head office of the central bank.