Project detail - EASTERN BANK LIMITED

EASTERN BANK LIMITED

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Who is our client

Eastern Bank Limited (EBL), founded in 1992, has established itself as a leading private commercial bank in the country with corporate banking, consumer and Small and Medium Enterprises (SME) Banking services. The customers are served through a network of 81 Branches, countrywide. EBL has its presence in the major cities/towns in the country including Dhaka and Chittagong region. EBL has won the Best Bank in Bangladesh award in the Euromoney Awards for Excellence in 2016.

Funding objective

FMOs long term finance is dedicated to support local SMEs and Green financing.

Why we fund this project

There is a shortage of long-term financing in Bangladesh and this long-term loan will allow EBL to expand the SME financing business to support export-oriented companies with funds, contributing to job creation in Bangladesh.

More investments

Date Total FMO financing
6/9/2020 USD 20.00 MLN
8/13/2014 USD 20.00 MLN
Website client
http://www.ebl.com.bd
Region
Asia
Country
Bangladesh
Sector
Financial Institutions
Signing date
2/6/2017
Total FMO financing
USD 20.00 MLN
Fund
FMO
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)
A