PROJECT

Projects

Summary of Investment Information

Project Number

51791

Company Name

BRAC BANK LIMITED

Date SPI Disclosed

May 20, 2026

Country

Bangladesh

Region

South Asia

Projected Board Date

Jun 23, 2026

Environmental Category

FI-2 - Limited

Status

Pending Disbursement

Last Updated Date

Jul 5, 2026

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Jun 24, 2026
Signed : Jul 1, 2026

Sector

Commercial Banking - General

Project Description

The proposed investment is a USD denominated senior, unsecured Working Capital Solutions (WCS) loan of up to US$50 million on IFC’s own account to BRAC Bank PLC (“BRAC Bank” or “the Bank”) in Bangladesh. The Project is structured as a one-year facility, renewable twice for an additional one year each time, resulting in a maximum aggregate tenor of three years. The proceeds of the investment is targeted to expand BRAC Bank’s lending program to micro, small and medium enterprises (MSME). Within MSMEs, at least 50% of the proceeds will be earmarked to support the women-owned MSMEs, and at least 25% of the proceeds will be earmarked to support agricultural micro, small, and medium enterprises (Agri MSMEs).

The Project is being processed under the SME Envelope of IFC's MSME Finance Platform (MFP) enabling the Project to benefit from the MFP's streamlined procedure with Delegated Authority.

                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation