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B'desh Commerce Bank joins Tk 2,000cr leather industry financing scheme

Published : Monday, 2 November, 2026 at 7:18 PM

Observer Online Report

Bangladesh Bank and Bangladesh Commerce Bank Limited have signed a participation agreement to facilitate loans under a Tk 2,000 crore pre-financing scheme for the development of the leather and leather goods industry.

The agreement was signed on 1 November at the A N Hamidullah Conference Room at Bangladesh Bank's head office in Dhaka.

Md Zabdul Islam, director of Bangladesh Bank's SME and Special Programmes Department, and Md Obaidul Hoque, managing director of Bangladesh Commerce Bank, signed the agreement on behalf of their respective institutions.

Bangladesh Bank Deputy Governor Md Anis Ur Rahman attended the signing ceremony as the chief guest. Executive Director Nahida Rahman was also present.

The scheme aims to provide loans at low interest rates and on favourable terms to support the growth and development of the leather and leather goods industry.

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Editor : Iqbal Sobhan Chowdhury

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