This investment was made when British International Investment was named CDC Group.
CDC's capital will help BRAC Bank to increase its lending programme to export-led and other businesses to accelerate their growth, advance employment and positively contribute to Bangladesh's economy.
Banking penetration and access to long term finance in Bangladesh remains low; this has restricted the growth of small and medium enterprises (SMEs) and subsequently stifled economic growth. CDC invests long term capital in financial institutions as a powerful mechanism through which to deliver impact at scale as its fund injection helps banks to increase their lending capabilities.
Environmental and social aspects
CDC will support BRAC to enhance its environmental and social (E&S) management system which will have a positive impact on how the bank's borrrowers manange E&S aspects.
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- South Asia
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.
- Financial services
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Direct Debt
- Start date
For direct investments, this is the date British International Investment committed capital to the business or project.
For funds, this is the date that British International Investment committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- September 2019
For direct investments, this is the total amount that British International Investment has committed to the business or project (it may be a combination of equity and debt).
For funds, this is the total amount that British International Investment has committed to the fund.
This is the investee company’s place of incorporation; or a fund’s jurisdiction.