BRAC Bank has embarked on a strategic partnership with the Bangladesh Investment Development Authority (BIDA) to provide a One Stop Banking Service to foreign investors. A Memorandum of Understanding (MoU) was signed between BRAC Bank and BIDA at the BIDA office in Dhaka on July 23, 2023. Tareq Refat Ullah Khan, Deputy Managing Director & Head of Corporate Banking, BRAC Bank, and Engr. Jibon Krishna Saha Roy, Director General, BIDA, signed the agreement, solidifying their commitment to the joint initiative. The signing ceremony was graced by the presence of Lokman Hossain Miah, Executive Chairman (Senior Secretary), BIDA; Dr. Khandoker Azizul Islam, Secretary (Additional Secretary), BIDA and Ms. Mohsina Yasmin, Executive Member (International Investment Promotion), BIDA. Representing BRAC Bank were Md. Sabbir Hossain, Deputy Managing Director & Chief Operating Officer (COO); Jabedul Alam, Head of Transaction Banking; and Mahabubur Rashid, Unit Head, Public Team, Transaction Banking, were also present to witness the occasion. BRAC Bank’s dedication to supporting the economic development of Bangladesh through enhanced financial services aligns perfectly with BIDA’s mission to foster an investor-friendly environment in the country. Together, they endeavour to fortify Bangladesh’s position as an attractive destination for foreign direct investment.
