BRAC Bank has signed a Memorandum of Understanding (MoU) to provide the country’s first digital SME loan to thousands of merchants of Delivery Tiger. This partnership will enable BRAC Bank to provide the country’s first digital SME Loan, ‘Shafollo’ and digital microloan, ‘Jibika’ to the micro merchants of Delivery Tiger across the country. Syed Abdul Momen, Deputy Managing Director and Head of SME Banking, BRAC Bank, and A. K. M. FahimMashroor, Managing Director & CEO, Delivery Tiger, officially signed the agreement at the bank’s Head Office in Dhaka on December 04, 2023. Senior officials of both BRAC Bank and Delivery Tiger were present during this agreement signing ceremony.
