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Day: July 9, 2026

BRAC Bank Secures EUR 60 Million EIB Facility to Accelerate Bangladesh’s Green Transition

BRAC Bank Secures EUR 60 Million EIB Facility to Accelerate Bangladesh’s Green Transition

Breaking News, Business
BRAC Bank has secured a landmark EUR 60 million long-term financing facility from the European Investment Bank (EIB), marking the longest-tenor funding ever extended by a development finance institution to a commercial bank in Bangladesh. Arranged through BRAC Bank's Offshore Banking Unit, the 12-year facility will expand access to long-term green financing, enabling businesses to accelerate sustainable investments and strengthen Bangladesh's transition towards a greener economy. The financing will support businesses, particularly in the ready-made garment and textile sectors, to invest in circular economy initiatives, renewable energy, energy efficiency and sustainable waste management. As one of Bangladesh's largest export industries, the sector stands to benefit from increased acc...
178 students graduate through Monash Pathways at UCBD Convocation 2026

178 students graduate through Monash Pathways at UCBD Convocation 2026

Breaking News, Education
Universal College Bangladesh (UCBD), the exclusive partner of Monash College, celebrated the achievements of 178 graduates at its Annual Graduation Convocation on July 7, 2026 at Le Méridien Dhaka. The ceremony honored students who successfully completed the Monash University Foundation Year (MUFY) and the Monash College Diploma (MCD) programmes, marking a significant milestone in their academic journeys. The convocation was graced by Nicholas McLean, Acting High Commissioner at the Australian High Commission, as the Chief Guest. In his address, he congratulated the graduates on their achievements stating, “My warmest congratulations to the graduating class. Today, education services have become one of the key drivers of growth in trade between Australia and Bangladesh. As we look to en...