Affordable SME Credit, Backed by Bangladesh Bank
Bangladesh Bank has introduced several schemes and programs to help SME enterprises flourish and expand. Funded by Bangladesh Bank, IDA, ADB, and JICA, the refinance scheme channels low-cost funds to the SME sector — making adequate financing available at more affordable rates.
As a participating financial institution, Meghna Finance Ltd helps entrepreneurs access this refinance window, ensuring that the high cost of borrowing is no longer a barrier to building and growing a successful enterprise.
- Funded by Bangladesh Bank, IDA, ADB & JICA
- Lower cost of funds for eligible SMEs
- Standard SME definition accepted nationwide
About the Scheme
Bangladesh Bank has already introduced several schemes and programs to flourish and expand SME Enterprises. Refinance scheme funded by Bangladesh Bank, IDA, ADB and JICA has been facilitated for the development of SME sector. The existing definition of SME is recommended by the Better Business Forum and accepted as a uniform one by the Ministry of Industry and Bangladesh Bank. Access to finance is vital for SME sector development. In many instances, entrepreneurs raise complaints regarding high rates of interest. Indeed, a higher rate of interest is a major hindrance, but the availability of adequate funds is equally important. That is why Bangladesh Bank is committed to facilitating SME credit through its refinance window.
To develop the SME sector through the refinance scheme, a total of Tk. 25.02 crore has been refinanced (up to June 2014) to approximately 500 enterprises. Moreover, Bangladesh Bank continues to expand this initiative with newly arranged ADB and JICA funds, widening access to affordable credit across the country.
Scheme Benefits
Why It Matters for Your Business
Lower Interest Cost
Refinanced funds mean more affordable borrowing, removing a key hurdle for growing enterprises.
Sector Development
Designed to strengthen the SME ecosystem that drives employment and economic growth nationwide.
Institutionally Backed
Supported by Bangladesh Bank and international development partners for reliable, long-term funding.
Want to access refinance-backed SME credit?
Speak with our team to learn how your enterprise can benefit from the Bangladesh Bank refinance scheme.