RPCF has signed a cost sharing grant agreement with BURO Bangladesh, for a project entitled “Capacity Building to Enable BURO to provide Remittance Services to Commercial Banks”. Under the agreed project, BURO will provide remittance delivery services to the banking sector through 125 of its branches located in remittance prone areas.

The project will assist BURO to buy remittance delivery equipment that will enable their branches to deliver cash and card remittance products for a number of banks.

BURO is the 5th largest NGO/MFI in Bangladesh serving 500,000 clients from its 329 branches.