Investments in Bangladesh

Direct investment

Total commitment (MNOK): 675 MNOK

Investment Sector Year Instrument Commitment
Aureos South Asia Fund (Holdings) Investment funds 2006 Fund 11% 4.6
Brac Bank Banking 2010 Equity 100% 11.6
City Bank Limited Banking 2017 Loan 100% 87.8
Frontier Fund Investment funds 2010 Fund 100% 49.5
Frontier Fund II Investment funds 2016 Fund 100% 29.8
Mutual Trust Bank Limited Banking 2019 Equity and loan 100% 363.9
ONE Bank Limited Banking 2018 Loan 100% 115.2
Schneider Electric Energy Access Asia SAS Energy 2019 Equity 20% 12.4

Indirect investment

Investment Sector Year Investor
Ananta Apparels Ltd Manufacturing Frontier Fund
Butterfly Marketing Wholesale and retail Frontier Fund
Fiber @ Home Ltd Communication Frontier Fund II
Popular Pharmaceuticals LtD Manufacturing Frontier Fund
Rahimafrooz Superstores Limited Wholesale and retail Frontier Fund
Runner Automobiles Limited Manufacturing Frontier Fund
Zero Gravity Ventures Ltd Wholesale and retail Frontier Fund II

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo

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