Dutch bank to invest $50m in Bangladesh microfinance lender

FMO encourages BRAC to accelerate support of education and female empowerment

Bangladesh, once one of the poorest countries in the world, is attracting increasing attention from foreign investors. © Reuters

QUYNH NGUYEN, DealStreetAsiaApril 7, 2021 14:57 JST | Bangladesh

HANOI -- Dutch development bank FMO has approved a $50 million investment in Bangladesh-based microfinance lender BRAC.

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