Trust Bank PLC has entered into two separate participation agreements for refinance schemes initiated by Bangladesh Bank. The financial facilities are strategically designed to accelerate the development of Cottage, Micro, Small, and Medium Enterprise (CMSME) industrial clusters and to support the broader growth of MSMEs across the nation.
Executive Governance and Signatory Proceedings
The formal signing ceremony took place on Monday, 18 May 2026, at the central bank headquarters in Dhaka. The high-profile proceedings were presided over by Ms Nurun Nahar, Deputy Governor of Bangladesh Bank.
The event was attended by senior central bank executives, including Ms Husne Ara Shikha, Executive Director, and Mr Nawshad Mustafa, Director of the Small and Medium Enterprise & Special Programmes Department (SME&SPD).
Reflecting the systemic scale of the macroeconomic initiative, Managing Directors and Chief Executive Officers from 24 commercial banks and 5 Non-Banking Financial Institutions (NBFIs) were present to execute the agreements on behalf of their respective organisations. Mr Ahsan Zaman Chowdhury, Managing Director and CEO of Trust Bank PLC, signed the participation contracts on behalf of his financial institution.
Financial Allocations and Concessional Frameworks
Under the terms of the newly ratified refinance schemes, the central bank has established two distinct funds to address systemic credit gaps in the entrepreneurial ecosystem:
Cluster Development Fund: A targeted allocation of BDT 3,000 crore dedicated exclusively to the modernisation and capacity building of specialized CMSME industrial clusters.
General MSME Growth Fund: A commercial allocation of BDT 1,500 crore distributed to promote general business expansion, working capital stabilization, and technological upgrades for MSMEs nationwide.
Eligible end-user entrepreneurs and small businesses will be permitted to access these credit lines through participating institutions at a highly concessional, capped interest rate of 7 per cent per annum.
The structured financial parameters and organizational governance of the newly launched central bank initiative are detailed below:
| Financial Metric & Governance Parameter | CMSME Cluster Refinance Scheme | General MSME Growth Scheme |
| Total Central Bank Fund Allocation | BDT 3,000 Crore | BDT 1,500 Crore |
| End-User Maximum Borrowing Rate | 7.00% per annum | 7.00% per annum |
| Presiding Central Bank Dignitary | Ms Nurun Nahar (Deputy Governor) | Ms Nurun Nahar (Deputy Governor) |
| Participating Banking Institutions | 24 Commercial Banks (inc. Trust Bank) | 24 Commercial Banks (inc. Trust Bank) |
| Participating Non-Banking Entities | 5 NBFIs | 5 NBFIs |
| Primary Operational Focus | Regional industrial clusters | Countrywide enterprise growth |
Strategic Alignment and Economic Objectives
According to the official press statement issued following the ceremony, Trust Bank’s formal inclusion in these state-backed refinancing pipelines reinforces its institutional commitment to grassroots entrepreneurship development. By extending credit under these concessional terms, the bank aims to advance national financial inclusion targets and foster long-term, sustainable economic growth within the domestic manufacturing and service sectors.