BRAC Bank has achieved the 800th Agent Banking Outlets milestone as the rapid network expansion drive across Bangladesh continues. Nazmur Rahim, Head of Alternate Banking Channels, formally inaugurated the 800th Agent Banking Outlet at Kaziganj Bazar in Hobiganj on September 26, 2022. Md. Nazmul Hasan, Head of Agent Banking, local dignitaries
Tag: agent banking
BRAC Bank agent banking reaches tea workers
BRAC Bank has reached out to the tea workers of Habiganj hills as part of its continued pursuit to bring the unbanked people under the banking umbrella, a press release said Wednesday. Agent banking team has recently organized an ‘UthanBoithak’, a knowledge-sharing engagement, for the tea workers in Bahubal in
FSIBL inaugurates Dumni Bazar agent banking outlet
First Security Islami Bank Ltd. inaugurated Dumni BazarAgent Banking Outlet at Dumni Bazar, Khilkhet, Dhakaon Thursday. Syed Waseque Md Ali, Managing Director of the Bank inaugurated the Agent Banking Outlet through Video Conference. Among others, Abdul Aziz and Md. Mustafa Khair, Additional Managing Director(s), Md. Zahurul Haque and Md. Masudur Rahman Shah,
Brac Bank crosses 700 agent banking outlet milestone
Brac Bank has crossed 700 milestone by opening 705 agent banking outlets as rapid network expansion drive across the country continues. It now serves 1.40 lac unbanked people mostly in rural and semi-urban parts of the country as the channel's rural penetration hits the industry highest at 77%. Agent banking channel
MBL inaugurates 35 more new ‘Agent Banking’ outlets
Mercantile Bank Limited launched 35 more new ‘Agent Banking’ Outlets across the country to provide basic banking services to the unbanked population of the country, said a press release. Bank’s Managing Director & CEO Md. Quamrul Islam Chowdhury inaugurated the 35 ‘Agent Banking’ outlets on Thursday virtually as the chief guest. Mati
FSIBL opens its Agent Banking outlets
Two agent banking outlets of First Security Islami Bank Ltd. (FSIBL) has been opened in Manikganj and Cox’s Bazar, said a press release. Syed WasequeMd Ali, Managing Director of the Bank, inaugurated the Agent Banking Outlets through video conference at Jhitka Bazar, Horirampur, Manikganj, and Shamalpur Bazar, Teknaf, Cox’s Bazar. Abdul Aziz
EBL opens its Agent Banking Outlet
Md. Motaleb Mia, Councilor of Ward no. 47, Dhaka North City Corporation, has inaugurated Agent Banking Outlet of Eastern Bank Ltd (EBL) at Adam Ali Market of Dakshinkhan in the city. EBL Head of Liability and Wealth Management Syed Zulkar Nayen and Agent Owner Md. Abdur Rahman Robin, were present among
BRAC Bank opens 630th Agent Banking Outlet
BRAC Bank has opened its 630th Agent Banking Outlet amidst continuation of rapid network expansion drive throughout the country. Talking about the milestone achievement, Selim R. F. Hussain, MD & CEO of the Bank, said: “The vision of BRAC Bank is to bring the unbanked section of the people under formal
Agent banking surges amid pandemic
Banking through agents rose significantly in the July-September quarter of 2021, with both deposits and advances growing. According to the latest data of Bangladesh Bank, the deposit through agent banking has increased by 9.24 percent since June 2021 quarter. Earlier, at the end of June quarter this year, the total deposit
BRAC Bank awards top performing agents of Agent Banking channel
BRAC Bank has awarded the top performing Agents of its Agent Banking channel which is the first of its kind in Bangladesh’s banking arena, is aimed at recognizing the outstanding contribution of agent partners to the bank’s business and support to rapid growth of the channel across the country. Eight Agents