MetLife Bangladesh invested Tk 50 crore in the country’s first-ever social bond, issued by BRAC Bank, marking a significant milestone in sustainable financing in Bangladesh.

The bond’s proceeds will aim at women-led MSMEs, affordable housing, healthcare, agriculture, and climate resilience projects, said a press release. 

These sectors are strategically chosen to drive inclusive economic growth and social development.

MetLife Bangladesh, the country’s leading life insurer with around 1 million individual customers and over 900 corporate clients, continues to strengthen its investment portfolio.

In addition to being one of the largest investors in government bonds, MetLife is diversifying into secured corporate bonds to provide sustainable financing to local corporates while delivering better returns on customers’ insurance policies.

With this latest investment, MetLife Bangladesh’s total investment now stands at approximately Tk 19,000 crore (to be updated).

MetLife Bangladesh CEO, Ala Ahmad, said, ‘This investment reflects our commitment to supporting sustainable development in Bangladesh. By partnering with BRAC Bank on this landmark social bond, we aim to empower communities, promote financial inclusion, and contribute to a resilient future.’