Eastern Bank PLC (EBL) and Impact Investment Exchange (IIX), a global pioneer in impact investing and sustainable finance, have signed a Memorandum of Understanding (MoU) to collaborate on advancing innovative, inclusive, and sustainable finance solutions in Bangladesh.
Under this partnership, EBL will combine its strong banking franchise, extensive client network, and sustainable finance capabilities with IIX’s expertise in Orange Bonds and thematic investment instruments. The collaboration will enhance EBL’s ability to structure innovative impact-financing solutions, access global impact investors, and mobilize capital towards initiatives that deliver measurable social, environmental, and economic outcomes.
The MoU was signed by Ahmed Shaheen, Additional Managing Director of EBL, and Professor Durreen Shahnaz, Founder and Chief Executive Officer of Impact Investment Exchange, on behalf of their respective organizations.
Speaking on the occasion, Ahmed Shaheen said, “This strategic partnership marks an important milestone in EBL’s journey toward greater financial inclusion and sustainability. By leveraging IIX’s global expertise and extensive impact investing ecosystem, we aim to develop innovative finance solutions that create meaningful social and environmental value while delivering long-term benefits to our stakeholders.”
Professor Durreen Shahnaz said, “The Orange Movement continues to grow in both scale and conviction, and Bangladesh has emerged as one of its most promising chapters”. “With each partner that comes on board, the ecosystem deepens, and the potential to mobilize meaningful capital expands. Eastern Bank PLC brings exactly the kind of institutional weight and market reach that accelerates this work from ambition into action. We are confident this partnership will open new pathways for capital to reach the women and communities that sit at the heart of everything the Orange Movement stands for.”
The signing ceremony was held at EBL’s Head Office and was attended by senior officials from both organizations.
