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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.

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