NCC Bank, PKSF to expand financing for micro enterprises

NCC Bank and Palli Karma-Sahayak Foundation (PKSF) have recently signed an agreement under the Credit Enhancement Scheme (CES) for the fiscal year 2026�"27 to expand institutional financing opportunities for micro entrepreneurs and facilitate easier access to credit.

Under the agreement, NCC Bank will extend loan facilities to PKSF's enlisted partner organizations with guarantee support from PKSF. These partner organizations will subsequently disburse the funds to small entrepreneurs across the country, enabling them to access formal financing more easily. The initiative is expected to foster entrepreneurship, create employment opportunities, and contribute to inclusive and sustainable economic growth, says a press release.

The agreement was exchanged by Md Habibur Rahman, deputy managing director of NCC Bank PLC, and Md Fazlul Kader, managing director of PKSF, on behalf of their respective organizations. Sharif Mohammad Mahsin, Senior Vice President and Head of SME of NCC Bank PLC, along with other senior officials from both organizations were also attended the ceremony.