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Tag: United Commercial Bank PLC and SME Foundation Collaborate for Credit Wholesaling Program

UCB and SME Foundation Collaborate for Credit Wholesaling Program

UCB and SME Foundation Collaborate for Credit Wholesaling Program

Breaking News, Business
United Commercial Bank PLC (UCB) and SME Foundation have formalized a pivotal partnership aimed at bolstering credit access for CMSME (Cottage, Micro, Small, and Medium Enterprises) customers through a Credit Wholesaling Program. Recently the agreement was formalized at a renowned hotel in Dhaka, marks a significant step towards providing low-cost credit support to SMEs across Bangladesh. Mr. Salahuddin Mahmud, Acting Managing Director of SME Foundation, and Mr. Md Shah Alam Bhuiyan, Deputy Managing Director of UCB, exchanged the agreement on behalf of their respective organizations. The ceremony was graced by Ms. Zakia Sultana, Senior Secretary of the Ministry of Finance, Mr. Abdur Rahman Khan FCMA, Secretary of the Department of Financial Institutes under the Ministry of Finance, Prof...