Trust Bank PLC (TBL) and the Bangladesh Angels Network (BAN) have taken a significant step toward advancing innovation and entrepreneurship in Bangladesh through the signing of a Memorandum of Understanding (MOU) today at Trust Bank’s Head Office in Dhaka. The partnership aims to bridge institutional financial strength with the dynamism of early-stage startups, fostering new avenues for growth and investment.
The MOU was signed by Mr. Sadat Ahmad Khan, Senior Vice President & Head of SME Division of Trust Bank PLC, and Ms. Ivy Huq Russell, Chief Executive Officer of Bangladesh Angels Network, on behalf of their respective organizations. The ceremony was graced by Mr. Ahsan Zaman Chowdhury, Managing Director & CEO of Trust Bank PLC, along with Deputy Managing Directors and senior officials from both institutions, reflecting a strong collective commitment to empowering Bangladesh’s startup ecosystem.
Under this collaboration, TBL and BAN will work jointly to identify promising startups and support them through access to capital, strategic advisory services, knowledge-sharing, capacity-building programs, and business readiness initiatives. The initiative is expected to accelerate innovation, boost entrepreneurship, and enhance opportunities for young founders across the country.
Speaking on the occasion, the leadership of both organisations expressed optimism that this partnership will contribute meaningfully to the growth of emerging ventures and inspire new entrepreneurs to scale confidently with institutional backing.
