Perspective
23 December 2014
FMO leads development banks in backing Bangladesh SMEs with loan to BRAC Bank
Region:
Asia-Pacific
A syndicate of development banks and other agencies has agreed to provide a loan to BRAC Bank Limited (BBL) in Bangladesh, which is the largest syndicated loan to a Bangladeshi bank to date. The funds will be on-lent specifically to small and medium-sized (SMEs) customers of the bank.
