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BRAC Bank clinches five prestigious awards from Mastercard

BRAC Bank has received the highest number of awards – five in all – from Mastercard this year in recognition of its outstanding business and innovation in various card issuing and acquiring segments, says a press release.

The bank earned Excellence in Mastercard Credit Business (Domestic) 2022-23, Excellence in Mastercard Credit Business (International) 2022-23, Excellence in Mastercard Contactless (Issuing) 2022-23, Excellence in Mastercard Contactless (Acquiring) 2022-23 & Excellence in Mastercard POS Acquiring Business 2022-23 awards.

Selim R. F. Hussain, Managing Director & CEO of BRAC Bank, said: “This prestigious recognition from Mastercard for consecutive years shows our business strength in cards issuing & acquiring business across the industry and focus on innovation in new business arenas.”

Dr. Atiur Rahman, PhD, Former Governor of Bangladesh Bank and Professor Emeritus, University of Dhaka, handed over the awards to Selim R. F. Hussain, Managing Director & CEO, BRAC Bank at the fifth edition of the ‘Mastercard Excellence Awards’ in Dhaka on November 25, 2023.

Helen LaFave, Charge d’ affaires at the US Embassy in Dhaka; Md. Sharafat Ullah Khan, Director of the Payment Systems Department; Md. Motasem Billah, Director, Payment Systems Department; Md. Sarwar Hossain, Director, Foreign Exchange Policy Department, Bangladesh Bank; and Syed Mohammad Kamal, Country Manager, Mastercard Bangladesh.

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