Photo: PKSF

DHAKA, July 20, 2026 (BSS) - The Palli Karma-Sahayak Foundation (PKSF) today 
signed 12 separate credit guarantee agreements with 11 commercial banks and 
one financial institution under its Credit Enhancement Scheme (CES), aiming 
to expand financing for microenterprises across the country.

The agreements will enable the participating banks and financial institution 
to provide a total of Taka 2,800 crore in guaranteed loans to PKSF's partner 
organisations during the 2026-27 fiscal year for financing microenterprises, 
said a press release.

The participating institutions are BRAC Bank, City Bank, Prime Bank, NCC 
Bank, Trust Bank, Southeast Bank, Mercantile Bank, Commercial Bank of Ceylon, 
Dhaka Bank, Madhumati Bank, Shimanto Bank and The UAE-Bangladesh Investment 
Company Limited (UBICO).

Speaking at the signing ceremony held at PKSF Bhaban-1 in Agargaon, PKSF 
Managing Director (MD) Md Fazlul Kader said the scheme was introduced to 
formally engage commercial banks in PKSF's initiative to transform low-income 
people into entrepreneurs.

Under the scheme, he said, PKSF's partner organisations will borrow funds 
from banks and disburse them to microentrepreneurs, while PKSF will provide 
the credit guarantee.

"The close monitoring by PKSF will ensure the proper utilisation of the 
loans," he said, adding that the CES would play an important role in 
channelling banking sector funds to small and medium entrepreneurs and 
marginalised communities, thereby promoting inclusive and equitable economic 
growth.

On behalf of PKSF, Deputy MD Muhammad Hasan Khaled signed the agreements, 
while the managing directors and deputy managing directors of the respective 
banks and financial institution signed on behalf of their respective 
organisations.

PKSF formally launched the Credit Enhancement Scheme on July 1, 2025. During 
its first year, 10 banks and one financial institution joined the programme. 
Of them, six banks and the financial institution disbursed Taka 1,082 crore 
in loans through 26 PKSF partner organisations to support microenterprise 
financing.