Dhaka, May 31 -- BRAC Bank will partner with DEG Impulse, Germany, to establish the first-ever SME Innovation Lab in the Bangladesh banking sector.

The bank will establish the innovation lab with the support of DEG Impulse gGmbH, a 100% subsidiary of the German development finance institution DEG, within the framework of the development programme. DEG Impulse promotes the social and ecological transition of the private sector in developing and emerging-market countries and supports development policy goals as defined by the Sustainable Development Goals. DEG Impulse implements the develoPPP programme on behalf of the Federal Ministry for Economic Cooperation and Development (BMZ), the German government agency responsible for internationa...