Japan International Cooperation Agency (Jica) on Thursday confirmed its first ever private sector financing in Bangladesh to Brac Bank. To honour its commitment to 3P Philosophy -- People, Planet and Prosperity -- and aiming, Brac Bank signed an agreement with Jica and another with Citibank NA for long-term loan facility totalling
Tag: financing
Bangladesh Bank opens new financing window for ‘no-frills
The central bank decides to introduce a new and unique component under an existing credit-guarantee scheme (CGS) for banks to lend to the minnows, nicknamed 'no-frills' accountholders, as per government policy for financial inclusion. A proposal to this effect was approved at a board-of-directors meeting of the Bangladesh Bank Thursday, against