UCB-SME Foundation agreement to provide 8 pc interest loans for small industries


FE Team | Published: April 15, 2026 22:39:36


UCB-SME Foundation agreement to provide 8 pc interest loans for small industries


United Commercial Bank (UCB) PLC has partnered with the SME Foundation at a city hotel recently. Under this participation agreement, CMSME entrepreneurs will be able to access loans at a competitive 8 per cent interest rate. Anwar Hossain Chowdhury, MD of the SME Foundation, and Mohammad Mamdudur Rashid, MD and CEO of UCB, represented their respective organisations. Industries Minister Khandaker Abdul Muktadir attended the event as the chief guest. Md. Obaidur Rahman, Chairman of the SME Foundation, was also present.

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