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The stakeholders of BRAC are mainly the millions of deprived and disenfranchised poor people of Bangladesh. BRAC investments act as hedges to protect these stakeholders from any future liquidity crunch in the financial industry.
BRAC investments focus on companies that are aligned with our mission of alleviating poverty. These investments are independently run organisations, which are fully or partially owned by BRAC.
We have invested in the following financial entities:
BRAC Bank Limited, which was initiated in 2001 in Bangladesh, has institutional shareholders including BRAC, IFC and ShoreCap International. As a fully commercial operation, the bank focuses on small and medium enterprises, which are often overlooked by commercial banks. BRAC owns 33.51% shareholdings in the bank.
Website: www.bracbank.com
Delta-BRAC Housing Finance Corporation Limited was founded in 1997 and is presently the largest specialised housing finance institution in Bangladesh. It is a pioneer in financing low-cost housing, and is the only financial institution in Bangladesh to receive “AAA” credit rating. BRAC owns 20.37% shareholdings in this finance corporation.
Website: www.deltabrac.com
BRAC Afghanistan Bank is jointly owned by BRAC, IFC, ShoreCap International and Triodos Bank. It has one main branch and three sub-branches in Kabul. It is a full-service commercial bank that focuses on small business lending, but also provides other credit & savings packages.
Website: www.bracafbank.com
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