Bangladesh's BRAC Bank secures $30m loan from CDC Group

Bangladesh's BRAC Bank secures $30m loan from CDC Group

Photo by Adrien Taylor on Unsplash

CDC Group, the UK-based development finance institution, has committed to extend a $30-million loan to Bangladeshi lender BRAC Bank, according to a press release.

BRAC Bank, which has the largest market capitalization in Bangladesh, is sponsored by BRAC NGO that focuses on impact investments and financial inclusion.

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