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: Loan deal
Deal On $4.5b Loan: IMF’s DMD arrives in Dhaka on Jan 14
International Monetary Fund (IMF) Deputy Managing Director and former Liberian minister Antoinette Monsio Sayeh will arrive in Dhaka on January 14 on a 5-day visit ahead of signing a $4.5 billion loan deal between the Washington-based lender and Bangladesh. Bangladesh has sought the loan from the IMF to deal with the