BRAC Bank is celebrating its 20th anniversary with a strong commitment to contribute more to national progress.
Bangladesh is moving forward with infinite possibilities at an indomitable spirit as rapid industrialization fuels consistent GDP growth and per capita income.
Over the last two decades, BRAC Bank has been a positive partner in progress of the individuals and enterprising entrepreneurs providing comprehensive banking solutions and easy access to finance.
Living up to the vision of its founder, Sir Fazle Hasan Abed, KCMG, BRAC Bank was the first bank in Bangladesh to introduce collateral-free small ticket loan to the legions of small and medium enterprises at the nook and corner of the country helping them grow and thrive and contribute more to the economic development. And now the bank is the largest collateral-free lender to the small entrepreneurs with rural penetration of more than 70% revitalizing rural economy and generating employment.
BRAC Bank is empowering and enabling the people to achieve their goals and bring prosperity in their respective lives. It helps individuals and institutions realize their full potential. The bank has done it by aligning its initiatives with Sustainable Development Goals (SDGs) of the United Nations for ensuring a sustainable future for all. It will continue to march together on the path of fulfilling our dreams and go beyond boundaries.
BRAC Bank has firmly established itself as a leading financial institution in Bangladesh. Its superior performance indicators in the Bangladesh banking sector are reflected in the highest market capitalization and the highest international investor shareholding in the local banking sector and the highest bank credit rating of all banks in the Country from both international rating agencies, S&P and Moody’s. BRAC Bank leads the local banking industry in nearly all financial metrics and is also a benchmark for corporate governance and values based banking.
As Bangladesh begins journey to graduate into a middle-income country within this decade and a developed nation by 2041, BRAC Bank aspires to contribute to the government’s development journey through inclusive banking and entrepreneurship development.
On this momentous occasion, Managing Director & CEO, Selim R. F. Hussain, said: “We gratefully acknowledge the trust of our valued customers and shareholders, guidance of the Board of Directors and the regulators and of course, the contribution of our employees that make the bank what it is today.”
