IPDC partners with SSG BD to boost SME growth

A memorandum of understanding (MoU) was signed between IPDC Finance PLC and Superstar Group (SSG) Bangladesh in the city on Wednesday. IPDC Finance will extend preferential financial services and solutions to SMEs operating within the value chain of Superstar Group, says a press release.

The partnership is expected to create smoother access to working capital, empowering SMEs to expand their operations, improve productivity, and contribute more effectively to the national economy. By facilitating easier transactions and stronger business linkages, both organisations aim to promote sustainable and inclusive economic development.

Md Ashique Hossain, Deputy Managing Director and Chief Operating Officer at IPDC Finance, said: "SMEs are the backbone of our economy, and through this partnership, we are taking another step toward empowering them with the financial tools they need to grow. This collaboration will not only strengthen the value chain but also create long-term opportunities for entrepreneurs across the country."

Mahbubur Rahman, Deputy Managing Director (DMD), Superstar Group Bangladesh, said: "Our vision has always been to enable SMEs to thrive through stronger business networks and operational efficiency. Partnering with IPDC will help our connected businesses gain better access to financing, allowing them to scale faster and serve their markets more effectively."