Brac Bank
Asia
Region
11.6
Investment (MNOK)
Exit
Status
BRAC Bank is a private commercial bank in Bangladesh, focusing on Small and Medium Enterprises (SME). In October 2010, Norfund signed a subordinated convertible bonds agreement with Brac Bank Limited, which was later partially converted into equity of BRAC Bank.
Key information
- Sector:
- Financial Inclusion
- Investment (MNOK):
- 11.6
- Year:
- 2010
- Region:
- Asia
- Country:
- Bangladesh
- Domicile:
- Bangladesh
- Instrument:
- Equity
- Status:
- Exit
- Mandate:
- Development