BRAC Bank, BASIS introduce ‘Digonto’

Staff Correspondent

22 September, 2020 12:00 AM printer

BRAC Bank Limited and Bangladesh Association of Software and Information Services (BASIS), have launched a special financial package, “Digonto”, for extending support to the BASIS members.

“Digonto” will enable the ICT and ITES companies with wider access to finance, business expansion, and fixed-asset purchases, said a press release.

With “Digonto” package, BRAC Bank will grant unsecured and partially-secured loans up to one crore taka to the eligible BASIS members.

This is a unique funding initiative aimed to support the ICT sector in Bangladesh.

BRAC Bank managing director and CEO Selim R. F. Hussain and BASIS President Syed Almas Kabir co-hosted "Digonto" through a virtual launching programme on Saturday, September 19, 2020.

Ahmed Jamal, Deputy Governor of Bangladesh Bank, and Sheikh Fazle Karim, President of FBCCI were special guests at the event.

Syed Abdul Momen, Head of SME at BRAC Bank, presented the “Digonto” package to the audience and explained how the model will support the BASIS members.

Speaking at the event, Salman F. Rahman thanked both BASIS and BRAC Bank for taking up this initiative. He said, “The IT sector is undoubtedly one of the key role players in realizing the vision of a Digital Bangladesh.