BRAC Bank Limited has signed a USD 50 million loan agreement with DEG (Deutsche Investitions-und EntwicklungsgesellschaftmbH) to support SMEs, a press release said Wednesday. DEG is a German development finance institution supporting private enterprises operating in developing and emerging-market countries. BRAC Bank will use these funds to provide loans to local micro,
Tag: DEG
EBL, DEG sign carbon accounting deal
Eastern Bank Ltd (EBL) is to initiate a pilot project on carbon accounting in collaboration with DEG, the German Development Finance Institution and their partner JIM Foundation, a press release said Wednesday. Ahmed Shaheen, Additional Managing Director and Head of Corporate Banking, EBL and Anne Müllejans, Senior Manager - Gender