The Bangladesh Bank has prolonged its digital nano loan refinancing program until June 30, 2028, as part of its ongoing initiative to enhance financial inclusion and assist marginalized communities in adopting digital financial services. Initiated in 2022, the scheme began with a Tk 100 crore revolving fund that provided low-interest digital microloans and investment opportunities to underrepresented groups. Although the fund was later increased to Tk 500 crore, it has now been reduced back to Tk 100 crore, as stated in a circular issued by the central bank on September 9.

The initiative is part of the central bank’s broader goal to:

• Reduce economic disparity
• Promote inclusive and sustainable financial sector growth
• Diversify financial products and services tailored to the needs of disadvantaged groups

Bangladesh Bank noted that the extension will ensure the continuity of digital nano loan operations, enabling marginalised communities to become more engaged with digital transactions.

The circular also stated that all previous instructions related to the scheme will remain unchanged.