Indonesia Singapore Malaysia Vietnam Thailand Philippines Myanmar

India Greater China Rest of Asia World

E-Commerce & Internet Economy Technology Real Estate and Infrastructure Financial Services Social Infrastructure Deals Barometer

FMO approves $50m investment in microfinance lender BRAC Bangladesh

FMO approves $50m investment in microfinance lender BRAC Bangladesh

Dhaka, Bangladesh. Photo: Pixabay

02 April, 2021

Dutch development bank FMO has approved a $50 million investment in Bangladesh-based microfinance lender BRAC.

Printed by Unregistered user on Thu, 21 Sep 2023 12:41:23 GMT

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief

Subscribe to Newsletter

Related Stories

FMO posts first net loss in 3 decades as PE portfolio valuation dives

The negative result is FMO's first, since 1991.

CDC Group, FMO, SDC jointly launch Nepal Invests to support innovation

Five projects have already been identified in Nepal.

FMO proposes $50m investment in microfinance lender BRAC Bangladesh

BRAC received a $30-million loan from UK's CDC Group last year.

FMO proposes $15m investment in Archipelago Capital’s second PE fund

Fund II has a $250-million target and expects to close in the first half of 2021.