NRBC Bank contributes Tk 7.05 crore to startup investment fund

NRBC Bank PLC has contributed more than Tk 7.05 crore to Bangladesh Bank as part of initiatives aligned with the central bank’s directives on the formation and operation of Bangladesh Startup Investment Company PLC.

Md Touhidul Alam Khan, managing director and chief executive officer of NRBC Bank PLC, handed over the cheque to Nawshad Mustafa, director of the SME and Special Programmes Department (SMESPD) of Bangladesh Bank, at the central bank’s headquarters in Motijheel, Dhaka recently, according to a press release.

Through the initiative, NRBC Bank reaffirmed its support for Bangladesh Bank’s efforts to nurture new entrepreneurs and promote entrepreneurship development. The bank said it remains committed to strengthening the country’s startup ecosystem in pursuit of sustainable economic growth.

Tanusree Mitra, head of the credit management division of NRBC Bank PLC, and Sk Ahsanul Haque, head of the SME financing division, along with other senior officials from both organisations, were present at the event.