NCC Bank Partners with PKSF to Expand Financing for Micro Enterprises in Bangladesh
Partnership aims to expand access to finance for micro and small enterprises across the country
Dhaka, July 26, 2026 — NCC Bank PLC has signed a partnership agreement with PKSF (Palli Karma-Sahayak Foundation) to expand financing for micro enterprises across Bangladesh. 🤝
📝 The signing ceremony was attended by Md Fazlul Kader, Managing Director of PKSF, and Md Habibur Rahman, Deputy Managing Director of NCC Bank PLC. 👥 The partnership aims to expand access to finance for micro and small enterprises (MSEs) across the country.
📊 Partnership Details
- 🏛 Bank: NCC Bank PLC
- 🏭 Partner: PKSF (Palli Karma-Sahayak Foundation)
- 👥 Beneficiaries: Micro and small enterprises across Bangladesh
- 💰 Purpose: Expand access to finance for grassroots businesses
- 🤝 Type: Strategic partnership for micro enterprise financing
🏭 About PKSF
🌏 About PKSF
🏛 PKSF (Palli Karma-Sahayak Foundation) is a government-established microfinance apex organization that works to reduce poverty through employment generation and enterprise development. 📊 PKSF provides funding and support to microfinance institutions and partner organizations across Bangladesh, reaching millions of micro entrepreneurs.
📈 Significance for Micro Enterprise Development
👥 Micro and small enterprises (MSEs) account for a large share of employment in Bangladesh but often lack access to formal financing. ⚠ The partnership between NCC Bank and PKSF addresses this gap by leveraging the bank's financial infrastructure and PKSF's grassroots network.
📊 This type of partnership is essential for achieving the Sustainable Development Goals (SDGs), particularly:
- 🏛 SDG 8: Decent Work and Economic Growth
- 👥 SDG 10: Reduced Inequalities
- 💰 SDG 1: No Poverty (through enterprise development)
🌏 Bangladesh needs approximately USD 421 billion in extra funding over the next five years to achieve the SDGs, according to a government assessment. 📈 Partnerships like NCC Bank-PKSF are critical for mobilizing the resources needed to bridge this financing gap and support grassroots economic development across the country.
This news was originally published by The Daily Star. For the full original report, please visit: https://www.thedailystar.net/business/organisation-news/news/ncc-bank-partners-pksf-expand-financing-micro-enterprises-4233186
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