BRAC Bank to get $50 million loan from British International Investment

BRAC Bank has signed an agreement with British International Investment (BII) for a $50 million loan. The loan will enable BRAC Bank to support 3,500 micro, small, and medium enterprises (MSMEs) and women-led businesses in Bangladesh through its extensive network. This partnership aims to create economic opportunities, jobs, and support inclusive and sustainable development in Bangladesh, aligning with several UN Sustainable Development Goals.