Dhaka, Jan. 7 -- With the objective of expanding financing in the start-up sector, NCC Bank has signed a participating agreement with Bangladesh Bank.

Under this agreement, NCC Bank will be able to disburse loans to eligible start-up entrepreneurs using refinance funds received from Bangladesh Bank, according to a press release.

The primary objective of the BDT 5 billion fund is to support the development of new, technology-driven, innovative, and scalable entrepreneurial ventures across the country.

Recently, at a ceremony held at the head office of Bangladesh Bank, the agreement was signed and exchanged in the presence of Bangladesh Bank Deputy Governor Nurun Nahar. M. Shamsul Arefin, Managing Director of NCC Bank, and Nawshad Mustaf...