Palli Karma-Sahayak Foundation (PKSF) has signed five separate Credit Guarantee Agreements with Jamuna Bank PLC, Commercial Bank of Ceylon PLC, Trust Bank PLC, Mercantile Bank PLC, and NCC Bank PLC under its ongoing Credit Enhancement Scheme (CES). Under these agreements, the banks will be able to provide a total of BDT 1,000 crore in guaranteed loans to PKSF’s Partner Organizations.

The signing ceremony was held at PKSF Bhaban-1 in Agargaon, Dhaka. On behalf of PKSF, the agreements were signed by Md. Fazlul Kader, Managing Director, PKSF. On behalf of the respective banks, the agreements were signed by Ahsan Zaman Chowdhury, Managing Director & CEO, Trust Bank PLC; Haily Algewatte, Deputy CEO & Chief Operating Officer, Commercial Bank of Ceylon PLC; Mohammad Jahangir Alam, Deputy Managing Director, Jamuna Bank PLC; Md Habibur Rahman, Deputy Managing Director, NCC Bank PLC; and Md Zakir Hossain, Deputy Managing Director, Mercantile Bank PLC. PKSF Deputy Managing Directors Md Mashiar Rahman, Dr Fazle Rabbi Sadeque Ahmed and Md Hasan Khaled were also present there.

Speaking at the ceremony, Md Fazlul Kader said “PKSF is working to transform low-income people into entrepreneurs. To successfully implement this initiative, the Credit Enhancement Scheme has been introduced to formally engage commercial banks. Under this scheme, PKSF’s Partner Organizations will receive loans from banks and disburse them to eligible clients at the field level, while PKSF will provide guarantees against the credit risk at the bank level.”

To promote inclusive economic growth through expansion and productivity enhancement of the microenterprise sector, PKSF is implementing the Credit Enhancement Scheme (CES) with financial and technical support from the Asian Development Bank (ADB). Through this scheme, PKSF will share the lending risk by providing guarantees to banks and financial institutions extending loans to PKSF’s Partner Organizations.

Earlier, on 24 May 2025, PKSF launched the country’s first Credit Enhancement Scheme. On the same day, PKSF signed Credit Guarantee Agreements amounting to BDT 3,150 crore with BRAC Bank, City Bank, Prime Bank, Mutual Trust Bank, Southeast Bank, and The UAE-Bangladesh Investment Company Limited (UBICO).