[🇧🇩] Cottage Industry/SME in Bangladesh

[Saif]

BRAC Bank, OneTrueValue partner to expand green financing for SMEs

BRAC Bank has partnered with OneTrueValue (OTV) to expand access to green financing for small and medium enterprises (SMEs), reinforcing its commitment to sustainable business growth and Bangladesh’s transition to a low-carbon economy. The partnership comes under the Access to Green Financin

thefinancialexpress.com.bd

BRAC Bank, OneTrueValue partner to expand green financing for SMEs

BRAC Bank has partnered with OneTrueValue (OTV) to expand access to green financing for small and medium enterprises (SMEs), reinforcing its commitment to sustainable business growth and Bangladesh’s transition to a low-carbon economy.

The partnership comes under the Access to Green Financing (A2GF) for Enterprises – Scale & Innovation programme, supported by the Embassy of Switzerland in Bangladesh, according to a press release.

Through the partnership, BRAC Bank will strengthen its green financing capabilities while expanding SMEs’ access to finance for renewable energy, energy-efficient technologies, waste management and circular economy initiatives.

The collaboration will also enhance the bank’s capacity to assess green investments through specialised assessment tools and technical expertise.

The initiative is expected to help SMEs improve resource efficiency, reduce environmental impact, strengthen business resilience and contribute to sustainable economic growth.

The agreement was signed by Syed Abdul Momen, Additional Managing Director and Head of SME Banking of BRAC Bank, and Sharawwat Islam, CFA, Managing Director of Truvalu Bangladesh, representing OTV.

Speaking on the occasion, Syed Abdul Momen said, “Green financing is already receiving extensive focus, particularly in our SME portfolio, and this partnership will help us expand that footprint further. As Bangladesh’s leading SME bank, we believe sustainability is becoming a key driver of business competitiveness. By making green finance more accessible, we aim to empower entrepreneurs to adopt sustainable technologies, strengthen their businesses and create lasting economic and environmental value.”

Sharawwat Islam, CFA, said, “SMEs in Bangladesh are increasingly willing to invest in green technologies, yet many continue to face challenges in accessing finance and demonstrating measurable environmental impact. Through this partnership, we aim to bridge those gaps by connecting businesses with finance while strengthening the systems that measure and verify their sustainability outcomes.”

As Bangladesh’s largest SME bank, BRAC Bank continues to advance sustainable finance through innovative solutions that help entrepreneurs grow responsibly while contributing to the country’s long-term economic and environmental aspirations.

OTV is an investment management and advisory firm accelerating green growth across emerging markets by mobilising private capital for climate solutions.

As a joint venture between One to Watch and Truvalu, OTV combines more than two decades of investment and business development experience across five countries, supporting businesses that generate financial returns alongside measurable environmental and social impact.​

 

[Saif]

https://www.newagebd.net/post/new-age-specials/304221/the-new-era-of-msme-growth

The new era of MSME growth
Mohammad Mamdudur Rashid, Managing director & CEO, United Commercial Bank PLC (UCB)

Mohammad Mamdudur Rashid.

Micro, Small and Medium Enterprises (MSME) have firmly established themselves as the driving force behind Bangladesh’s economic narrative. Generating a massive chunk of employment nationwide, these resilient businesses keep manufacturing, services, agriculture, exports, and local markets humming. Yet, for this sector to achieve truly sustainable growth, the demand for friction-free financing, tech-driven banking, and entrepreneur-friendly financial ecosystems is at an all-time high. History

Stepping directly into this gap is United Commercial Bank PLC (UCB). By consistently rolling out initiatives to make the SME sector more dynamic, UCB’s SME and Agricultural Banking Division now supports over 20,000 entrepreneurs. With a robust loan portfolio of approximately Tk 7,259 crore, the bank is actively funding business expansions across the country. Remarkably, nearly 83 per cent of this portfolio is self-funded—a testament to UCB’s stellar deposit management and sustainable financial strength.

At a time when stable deposits are considered the holy grail of banking, UCB’s financial position stands strong on a foundation of long-term customer trust. Over the past 18.5 months, the bank’s total deposits surged to Tk 72,300 crore.

What makes this milestone unique is that nearly 70 per cent of these deposits stem from retail and SME customers. From small-scale rural entrepreneurs to everyday individual savers, millions across Bangladesh have chosen UCB as their go-to financial partner. This diversified deposit base does more than prove UCB’s market presence; it anchors its institutional credibility and financial stability in grassroots acceptance.

Moving past traditional, slow-moving loan disbursements, UCB is undergoing a massive digital overhaul to make banking swift and transparent. The bank is systematically automating its entire lending lifecycle from initial application to approval and eventual disbursement.

By leveraging digital lead generation, platform-based lending, and data-driven analytics, UCB ensures that entrepreneurs can access funds with minimal turnaround time and zero unnecessary complexity.

UCB’s impact on the rural economy is equally profound. In the current fiscal year, the bank surpassed its agricultural loan disbursement target by over 100 per cent. UCB is intentionally channeling funds to agri-entrepreneurs, smallholders, and agro-based industries, while pioneering green agriculture, climate-resilient farming, and modern agro-ventures.

The global economic slowdown and a sluggish domestic export market have posed severe headwinds for businesses recently. Yet, UCB’s SME trade segment has managed to buck the trend.

In a striking contrast, UCB’s SME export business recorded an impressive 39 per cent growth this year, even as the country’s overall national export growth dipped to a negative 3 per cent (-3pc). On the import side, the bank maintained a remarkably stable foothold compared to national trends. Through dedicated Trade Helpdesks, specialized branch services, and alliances with trade bodies, UCB is giving local SMEs the financial firepower to compete globally.

UCB recognizes that providing money is only half the battle; nurturing entrepreneurial capability is just as crucial. To bridge the skill gap, the bank regularly hosts Relationship Manager (RM) training, entrepreneur development programs, and field-level exchange meets with local chambers of commerce.

Looking forward, the bank is executing a major digital shift in the SME sector to tackle future hurdles. UCB has already partnered with cutting-edge tech entities like ‘Sokrio Technologies’ to streamline its platform-based lending.

As part of its 2026 roadmap, UCB has taken the initiative to launch a digital supply chain alongside implementing the ‘Bangla QR Code’ system for SME deposit mobilization, which will make transactions faster and much simpler.

While technology drives efficiency, UCB is careful not to lose the human connection. The bank is blending its digital push with grassroots relational strategies, such as direct, casual ‘Cha Chakra’ with local business communities and highly active social media engagement.

As Bangladesh marches forward, the SME sector remains indispensable. By seamlessly weaving together advanced technology, strategic partnerships, and authentic human connection, UCB is not just offering financial transactions, it is cultivating a sustainable, long-term partnership that promises a brighter future for the nation’s entrepreneurs.

UCB SME Banking at a Glance

Today, UCB’s SME and Agricultural Banking Division serves more than 20,000 entrepreneurs across Bangladesh with a loan portfolio of approximately Tk 7,259 crore. Notably, around 83 per cent of this portfolio is funded through the Bank’s own deposits, reflecting UCB’s strong liquidity position and sustainable financing capability.

Customer confidence continues to strengthen the Bank. Over the past 18½ months, UCB’s total deposits have grown to Tk 72,300 crore, with nearly 70 per cent contributed by Retail and SME customers—demonstrating broad-based public trust.

UCB has also delivered strong performance in SME trade finance. Despite challenging global conditions and a slowdown in Bangladesh’s overall export performance, UCB’s SME export business recorded nearly 39 per cent growth during the current year, significantly outperforming the country’s overall export growth of negative 3 per cent over the same period.]​