BB, Prime Bank join hands to accelerate CMSME and cluster-based financing--

FE Team | Published: May 20, 2026 22:52:15

BB, Prime Bank join hands to accelerate CMSME and cluster-based financing
Bangladesh Bank and Prime Bank have recently signed participation agreements under two key refinance initiatives-the Cluster Financing Scheme and the Financial Sector Fund for the Development of MSMEs (FSFDMSME) for strengthening access to finance for small businesses. Representing BB were Deputy Governor Nurun Nahar; Executive Director Husne Ara Shikha and Director Nawshad Mustafa. Prime Bank was represented by Faisal Rahman, Acting Chief Executive Officer; M. Nazeem A. Choudhury, Additional Managing Director; and Shaikh Nur Alam, Head of Small Business and Refinance. The FSFDMSME is a BDT 15.00 billion revolving fund, while the 30.00 billion Cluster Financing Scheme focuses on developing geographically concentrated business clusters.