| Project Detail |
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.
Objectives
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.
Sector(s)
Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 60 million
Total cost (Approximate amount)
not applicable |
