On 15^th December 2016, a tripartite deal was signed among SME Foundation, Jute Diversification Promotion Center (JDPC) and NRB Bank Limited, at the Conference Room of SME Foundation Office. Within the framework of the deal signed, both SME Foundation and JDPC will work together to help the small and the medium entrepreneurs of jute goods manufacturers on which NRB Bank and SME Foundation will provide loan at a minimum interest rate. As part of this deal, NRB Bank will give loan at 9% interest rate without collateral to the members of JPDC entrepreneurs producing jute goods under the credit wholesaling programme of SMEF.

The signing ceremony was presided over by the SME Foundation’s Chairperson Mr. K M Habib Ullah and the Chief Guest of the Ceremony was the Jute and Textile Secretary, Mr. M. A Qader Sarker. In the signing ceremony, Mr. Md. Mehmood Hossain, Managing Direcor and CEO, NRB Bank Limited ,Mr. Md. Shafiqul Islam, Managing Director, SME Foundation, Ms.  Nasima Begum, Executive Director, JDPC signed the deal on behalf of their respective organizations. The senior officials from the both organizations were present on this signing ceremony.