Southeast Bank has entered into a participation agreement with the Credit Guarantee Department (CGD) of the Bangladesh Bank (BB), aimed at facilitating women’s enterprises and agro-processing enterprises within the CMSME sector. Under this agreement, enterprises lacking sufficient collateral can access loans or investments from Southeast Bank through the BB refinance scheme, with credit guarantee coverage provided. The signing ceremony, attended by the Deputy Governor, and the Executive Director of BB, saw the agreement being formalized. The Director of the Credit Guarantee Department, and the Managing Director of Southeast Bank, were signatories to the deal. This collaboration is set to bolster financial inclusivity by enabling underserved enterprises, particularly those led by women, to access vital funding, thereby fostering entrepreneurship and economic empowerment within Bangladesh’s CMSME sector.
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