Economic Reporter :
BRAC Bank launched the country’s first Energy Efficiency Financing Loan to assist readymade garments and textile industries to invest in energy efficiency technology.
The loan is targeted to the RMG & textile industry who will invest in energy efficiency technology and the Technology Service Provider Companies who provide energy efficiency solutions.
S K Sur Chowdhury, Deputy Governor, Bangladesh Bank, and Selim R. F. Hussain, Managing Director & CEO, BRAC Bank Limited, formally launched the loan product at a renewable_energy_sourcesworkshop on Water & Energy Efficiency Financing organized by International Finance Corporation (IFC), at a hotel in Dhaka recently.
Wendy Werner, Country Manager of IFC Bangladesh, Siddique Zobair, Member (EE&C), Sustainable and Renewable Energy Development Authority (SREDA), were also present. IFC is providing technical assistance to BRAC Bank in launching the product.
BRAC Bank launched the country’s first Energy Efficiency Financing Loan to assist readymade garments and textile industries to invest in energy efficiency technology.
The loan is targeted to the RMG & textile industry who will invest in energy efficiency technology and the Technology Service Provider Companies who provide energy efficiency solutions.
S K Sur Chowdhury, Deputy Governor, Bangladesh Bank, and Selim R. F. Hussain, Managing Director & CEO, BRAC Bank Limited, formally launched the loan product at a renewable_energy_sourcesworkshop on Water & Energy Efficiency Financing organized by International Finance Corporation (IFC), at a hotel in Dhaka recently.
Wendy Werner, Country Manager of IFC Bangladesh, Siddique Zobair, Member (EE&C), Sustainable and Renewable Energy Development Authority (SREDA), were also present. IFC is providing technical assistance to BRAC Bank in launching the product.