Community Bank backs start-up financing thru strategic investment in multi-bank venture capital fund

With a view to expanding innovation-driven financing and fostering entrepreneurship, Community Bank Bangladesh PLC has extended its patronage to Bangladesh Startup Investment Company under the 'Start-Up Financing Initiative'. The initiative has been undertaken as part of the bank's strategic vision to advance innovation-based financing in the country. At a ceremony held at the SMESPD Department of Bangladesh Bank, Kimiwa Saddat, Managing Director (Current Charge) of Community Bank Bangladesh PLC, handed over the pay order in favour of Bangladesh Startup Investment Company through Nawshad Mustafa, Director, SMESPD of Bangladesh Bank.