First SME Business Credit Card allowing annual foreign exchange limit up to USD 3000, approved by Bangladesh Bank
Dhaka Bank PLC has collaborated with Mastercard to introduce the Dhaka Bank Mastercard SME credit card. The dual-currency payment solution is designed to help small and medium-sized enterprises manage expenses more effectively, optimize cash flow, and support business growth, a press release said.
Tailored to the evolving needs of SMEs, the new card offers customized spending limits and flexible repayment options, enabling business owners to better manage cash flow while maintaining greater financial control over their day-to-day operations. As per applicable Bangladesh Bank guidelines, eligible SMEs registered with the SME Foundation may avail an annual foreign exchange remittance limit of up to USD 3,000 for legitimate current or operational business expenses abroad. The dual-currency feature also facilitates seamless domestic and international transactions, providing added convenience for businesses engaged in cross-border trade and travel.
In addition to convenient access to credit, cardholders enjoy a range of premium business and lifestyle benefits. These include complimentary access to selected international airport lounges and the Balaka Lounge at Hazrat Shahjalal International Airport, exclusive Mastercard-led offers at more than 10,000 merchant locations across Bangladesh, international discounts, year-round buy-one-get-one offers at participating hotels and restaurants, complimentary airport pick-up and drop-off services, and dedicated support through the Dhaka Bank Card Experience Center.
Osman Ershad Faiz, Managing Director & Chief Executive Officer, Dhaka Bank PLC, said, “SMEs are at the heart of Bangladesh’s economy and Dhaka Bank remains committed to supporting their growth through innovative financial solutions. The Dhaka Bank Mastercard SME Business Credit Card is designed to provide entrepreneurs with greater financial flexibility while helping them manage their businesses more efficiently. This initiative marks a significant step forward in accelerating digital payment adoption and supporting the vision for a Cashless Bangladesh.”
Zakia Sultana, Country Manager, Bangladesh, Mastercard, said, “Small enterprises are central to Bangladesh’s economic progress and digital transformation journey. As businesses increasingly seek smarter and more flexible ways to manage operations, access to innovative financial tools becomes essential. This collaboration reflects Mastercard’s commitment to supporting the SME ecosystem through secure, convenient, and value-added payment solutions that help entrepreneurs scale their ambitions and contribute to sustainable economic growth.”
The launch was attended by Hafia Tazrean, Additional Director, SME & Special Programmes Department (SMESPD), Bangladesh Bank; Zakia Sultana, Country Manager, Mastercard, Bangladesh; A K M Shahnawaj, Additional Managing Director, Dhaka Bank; Md. Mostaque Ahmed, Deputy Managing Director (DMD) & Chief Emerging Markets Officer (CEMO), Dhaka Bank; H. M. Mostafizur Rahaman, Senior Executive Vice President (SEVP) & Head of Retail Business, Dhaka Bank; Mohammad Mahbubur Rahman Palash, Executive Vice President (EVP) & Head of MSME and Emerging Business Division, Dhaka Bank; and Jubaer Hossain, Lead Merchant & Commerce, Mastercard, Bangladesh, along with senior officials from Dhaka Bank PLC and Mastercard. During the event, SME cards were handed over to Md. Al Mamun Sumon of Naba Shoe Industry and Md. Hasan Mahmud Khan of HNBC Industries Ltd.
This launch underscores Dhaka Bank and Mastercard’s shared vision to empowering Bangladesh’s SME sector by providing innovative financial solutions that enhance operational efficiency, improve access to credit, and support business expansion.
