DEG expands long-term partnership with Banga Building Materials through new USD 25 million loan
Germany, April 9 -- DEG has taken a new step in its longstanding cooperation with Banga Building Materials Limited (Banga) by signing a USD 25 million senior, secured long?term loan in December 2025. The financing is partially guaranteed by the European Union's Fund for Sustainable Development Plus (EFSD+), making it one of the first EU?backed private?sector guarantee operations in Bangladesh. The new investment reflects DEG's commitment to supporting resilient, job?creating industrial companies in one of the world's Least Developed Countries.Banga, a member of the PRAN?RFL Group, is one of Bangladesh's most diversified manufacturers of building materials and household items. A growing share of its product portfolio is manufactured from rec...
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