Scaling MSME via tech-rural integration

 Md. Altaf Hossain 
Managing Director (Acting) 
Islami Bank Bangladesh PLC

As MSMEs drive economic growth through digital and sustainable innovation, Islami Bank will expand its financing, digital solutions, and advisory services. By leveraging our nationwide and rural networks, we aim to provide the financial resources and knowledge needed for entrepreneurs to overcome future challenges and remain competitive.

Islami Bank Bangladesh PLC is redefining MSME support by transitioning into a long-term development partner for the nation’s “Future Generation” of entrepreneurs. By blending digital innovation with its extensive Rural Development Scheme (RDS), the bank is delivering collateral-free financing and doorstep banking to the remotest villages.

TDS: The theme for MSME Day 2026 is “The Future Generation of MSMEs.” How is your bank changing its plans to support this new group of young and modern entrepreneurs?

Md. Altaf Hossain (MAH): Islami Bank is positioning itself as a long-term development partner for tech-driven young entrepreneurs. We provide affordable, collateral-free financing through specialised initiatives, including the Rural Development Scheme (RDS), Small Business Investment Scheme (SBIS), and dedicated funds for freelancers and women, to help the next generation launch and scale innovative businesses.

TDS: It is often hard for very small (cottage/micro) businesses to get loans. What new methods are you using to provide loans without requiring security (collateral), and are these reaching people who have never had a bank account before?

MAH: Islami Bank is positioning itself as a long-term development partner for tech-driven young entrepreneurs. We provide affordable, collateral-free financing through specialised initiatives, including the Rural Development Scheme (RDS), Small Business Investment Scheme (SBIS), and dedicated funds for freelancers and women to help the next generation launch and scale innovative businesses.

TDS: How do you make sure that small businesses in remote villages get the same banking services and support as those in big cities?

MAH: We ensure geographic equality by combining digital tools like CellFin and mCash with an extensive agent banking network. To support remote entrepreneurs, our Rural Development Scheme (RDS) officials provide doorstep financing and business guidance, ensuring formal banking reaches even the most distant villages without the need for travel.

TDS: This year focuses heavily on youth and women. What special loan packages or services do you offer to help young entrepreneurs and women grow their businesses?

MAH: Through the Rural Development Scheme (RDS) and agent banking, Islami Bank provides simplified, doorstep financing to youth and women in remote areas. We complement this with financial literacy and business guidance, helping the next generation build sustainable and innovative enterprises nationwide.