BRAC BANK GREEN LOAN FOR MSMES

Promoteur – Intermédiaire Financier

BRAC BANK PLC

Lieu

• Bangladesh

Description

Green credit line to BRAC Bank to accelerate the transition to sustainable and circular production in the Bangladeshi private sector across the ready-made garment, textile and other export-focused sectors.

Objectifs

EIB will provide a green credit line to BRAC Bank PLC (Offshore Banking Unit) to support the private sector transition towards circular and green practices. The EIB financing, along with technical assistance delivered in parallel under the SWITCH to Circular Economy Initiatives program, will help scale up investments in energy efficiency, green transportation, clean energy and circularity in the private sector.

Secteur(s)

• Lignes de crédit - Lignes de crédit

Montant BEI envisagé (montant approximatif)

EUR 60 million

Coût total (montant approximatif)

not applicable

Aspects environnementaux

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Passation des marchés

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Statut

Approuvé - 21/03/2025