IPDC Finance joins BB refinance schemes

IPDC Finance PLC signed participation agreements under two Bangladesh Bank refinance schemes aimed at expanding financing support for the country’s micro, small and medium enterprises (MSMEs).
The agreements were signed at Bangladesh Bank’s head office in the presence of senior officials from the central bank and participating financial institutions.

The initiative will allow IPDC Finance to access funds under the TK 3000 crore Cluster Financing Scheme and the TK 1500 crore Financial Sector Fund for the Development of Micro, Small and Medium Enterprises (FSFDMSME), according to press release.

Introduced by Bangladesh Bank through SMESPD Circulars 02 and 03 issued on February 5, 2026, the refinance facilities are designed to promote cluster-based industrialization, improve access to affordable financing for MSMEs, and support sustainable economic growth and employment generation across the country.

Hosne Ara Shikha, Executive Director of Bangladesh Bank, and Nawshad Mustafa, Director of the SME and Special Programs Department, attended the signing ceremony alongside Nurun Nahar, Deputy Director of Bangladesh Bank, and senior representatives from different financial institutions.

Rizwan Dawood Shams, Managing Director of IPDC Finance PLC., said the partnership will enable the company to further expand financing opportunities for small and medium entrepreneurs, particularly in cluster-based and production-oriented sectors.

The initiative is also expected to strengthen support for women entrepreneurs and contribute to greater financial inclusion.

As part of its long-term commitment to entrepreneurship development, IPDC Finance PLC.continues to work closely with Bangladesh Bank and other stakeholders to ensure accessible and sustainable financing solutions for the country’s growing MSME sector.