The European Investment Bank (EIB) has signed a €60 million loan agreement with BRAC Bank PLC to finance environmentally friendly investments in Bangladesh.
The deal is designed to accelerate the lender’s green transition efforts and support broader sustainability goals within the country’s financial sector.
The financing represents a targeted injection of capital into Bangladesh’s emerging green finance market.
By partnering with BRAC Bank, one of the country’s largest private sector lenders, the EIB aims to leverage local banking networks to channel funds toward sustainable projects.
This approach aligns with the EU’s broader strategy to support climate resilience in developing economies through private-sector intermediaries.
The agreement comes as global development banks increasingly pivot toward sustainability-linked financing.