BRAC Bank has signed a partnership agreement with Agritech and InsurTech startup –adorshopraniSheba – to provide access to finance to smallholder livestock farmers across the country. Under this agreement, BRAC Bank will provide collateral-free finance to the enlisted farmers of praniSheba. Syed Abdul Momen, Deputy Managing Director & Head of SME Banking, BRAC Bank, and Fida Haq, Managing Director and CEO, praniSheba, signed the agreement on behalf of their respective organization at the bank’s Head Office in Dhaka on June 12, 2023. From BRAC Bank, Sabbir Hossain, Deputy Managing Director & and Chief Operating Officer; Alomgir Hossain, Head of Small Business (Central); Mohammad Jakirul Islam, Head of Strategic Alliances & Digital Financial Services; Tapos Kumar Roy, Head of MFI and Agriculture Finance; and other senior personnel were present. From praniSheba, AHM Sultanur Reza, Chief Operating Officer, attended the signing ceremony.
