$70 million will be sustainability-linked loan and a $30 million green loan

IFC is providing $30 million in Pran Dairy Ltd (PDL) and Habiganj Agro Ltd (HAL), concerns of PRAN Group, to support their businesses severely impacted by the shortage of US dollars in Bangladesh

This investment will contribute to the preservation of jobs and bring foreign exchange liquidity into Brac Bank to help support the working capital and trade finance requirements of the bank’s SME importer- and exporter- clients, according to a press release.

It will produce 17,000 tonnes of packaged rice by 2027

The funding will support export and import-based businesses in Bangladesh

The International Finance Corporation (IFC) today recommended that Bangladesh need to set vision for green, resilient and affordable housing.