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.

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Key information

Sector:
Financial Inclusion
Investment (MNOK):
11.6
Year:
2010
Region:
Asia
Country:
Bangladesh
Domicile:
Bangladesh
Instrument:
-
Status:
Exit
Mandate:
Development