NCC Bank partners with PKSF to expand financing for micro enterprises

NCC Bank PLC has signed an agreement with Palli Karma-Sahayak Foundation (PKSF) 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 organisations with guarantee support from PKSF.

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These partner organisations 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, according to a press release.

Md Habibur Rahman, deputy managing director of the bank, and Md Fazlul Kader, managing director of PKSF, signed the agreement at a programme held at Sher-e-Bangla Nagar in Agargaon, Dhaka recently.

Speaking on the occasion, the officials expressed confidence that the partnership would significantly broaden the reach of institutional financing for small entrepreneurs across the country.

They also noted that the collaboration would strengthen financial inclusion, promote entrepreneurship, generate employment, and support Bangladesh’s sustainable economic development by improving access to finance for underserved segments of society.

Sharif Mohammad Mahsin, senior vice-president and head of SME at the bank, along with other senior officials from both organisations, was also present at the ceremony.