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- Where we work
- BRAC Bank Ltd. (BBL)
BRAC Bank Ltd. (BBL)
Bangladesh
| Borrower | BRAC Bank Ltd (BBL) |
| Financing Type | Private Sector & Trade Finance |
| Instrument | Private Sector Debt |
| Focus Area | Financial |
| Approved | 23.09.2014 |
| Signed | 17.12.2014 |
| Status | Completed |
| Loan Administrator | FMO |
| Co-financiers | Actiam (FMO), Austrian Dev Bank, FMO, PROPARCO, BIO, ResponAbility |
| OPEC Fund Contribution (US$m) | 15.00 |
This loan will help the bank focus on its lending activities to the small and medium-sized enterprises (SMEs) segment in rural and suburban areas. This will thus help accelerate economic growth in Bangladesh by providing SMEs with the necessary liquidity to finance their working capital needs.