ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Dutch bank proposes further investment in Myanmar's BRAC

$7.5m from FMO to focus on impact investments in areas hit hard by COVID-19

FMO says BRAC will use the investment to provide more micro- and small loans to underserved women.   © Reuters

HANOI -- Dutch development bank FMO has proposed a $7.5 million investment in BRAC Myanmar Microfinance Company Limited (BRAC), a Myanmar-based for-profit institution, according to its disclosure.

The investment follows $2.5 million in funding that BRAC received in 2018 from Massif, the financial inclusion fund that FMO manages on behalf of the Dutch government.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more