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Sir Fazle Hasan Abed KCMG (Bengali: ফজলে হাসান আবেদ; 27 April 1936 – 20 December 2019) was the founder of BRAC, one of the world's largest non-governmental organizations. Early life
bKash started in 2011 as a joint venture between BRAC Bank Limited, Bangladesh, and Money in Motion LLC, United States of America. In April 2013, International Finance Corporation (IFC), a member of the World Bank Group, became an equity partner, in March 2014, Bill & Melinda Gates Foundation became an investor in the company, [10] and in April 2018 Ant Financial, the operators of Alipay (an ...
BRAC is an international development organisation based in Bangladesh. In order to receive foreign donations, BRAC was subsequently registered under the NGO Affairs Bureau of the Government of Bangladesh. BRAC is the largest non-governmental development Organisation in the world, in terms of the number of employees as of September 2016.
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BRAC Bank was founded on 4 July 2001 to reach the large number of unbanked people which were not covered by traditional bank. [7] The main concept of the bank was to facilitate Small and Medium Enterprises. [7] BRAC Bank was found by Fazle Hasan Abed, the founder of BRAC and BRAC University. [8] [9]
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bKash was established in 2010 as a joint venture between Money in Motion LLC—an American company that invests in start-ups that advance financial inclusion—and BRAC Bank, International Finance Corporation (IFC) of the World Bank Group became an equity partner in 2013 .
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