BRAC Bank has achieved a significant milestone, crossing the Tk 30,000 crore mark in Retail deposits at the end of October 2024. The bank’s robust Retail deposit growth clearly indicates the growing confidence among customers who trust BRAC Bank to safeguard and grow their hard-earned savings. With an annualized growth rate of 34% in customer deposits, BRAC Bank’s Retail deposit portfolio has shown remarkable resilience and growth. This achievement reinforces BRAC Bank’s position as a preferred choice for personal banking solutions, catering to the diverse financial needs of individuals across Bangladesh. BRAC Bank’s wide range of deposit products, including savings accounts, fixed deposits, and various interest-bearing accounts, tailored to suit the saving needs of people of all strata of society, have been instrumental in driving retail deposit growth. The bank’s focus on digital banking solutions has also provided customers with convenient and secure banking options, further accelerating deposit mobilization.
