BRAC Bank has organized an Anti-Money Laundering (AML) Conference on ‘Contemporary Risks & Challenges’, on November 25 at the Convention Hall of Gulshan Shooting Club, to increase its employees’ knowledge of AML issues, press release said Monday. Md. Masud Biswas, Head of Bangladesh Financial Intelligence Unit (BFIU), attended the conference
Tag: BRAC Bank
Mahiul Islam and Ahmed Rashid Joy promoted to Deputy Managing Director at BRAC Bank
Md. Mahiul Islam, Head of Retail Banking, and Ahmed Rashid Joy, Head of Credit Risk Management, have been promoted to Deputy Managing Director at BRAC Bank, press release said Monday. Mahiul Islam joined BRAC Bank as Head of Retail Banking in December 2019. Mahiul is a graduate from the Independent University
BRAC Bank wins at IBS Intelligence Global Fintech Awards
BRAC Bank has won the IBS Intelligence Global Fintech Innovation Awards 2023 for implementing Loan Origination System for SME customers, in the category of ‘Best Digital Lending & Collections Implementation’ along with Veefin Solutions Private Limited, the software company that implemented the solutions. Syed Abdul Momen, Deputy Managing Director &
BRAC Bank’s TARA launches savings campaign
BRAC Bank Agent Banking completes five years
BRAC Bank’s Agent Banking Channel has completed five years of its journey, achieving several business milestones and playing an essential role in the financial inclusion of unbanked people. Within these years, the bank has become first in loan disbursement, fourth in the numbers of agents and outlets, and sixth in
BRAC Bank raises ATM withdrawal limits
BRAC Bank wins Engagement Champion Award
BRAC Bank has won the Engagement Champion Award from the New York-based Financial Alliance for Women (FAW). The award was formally announced at the Champions of the Female Economy Awards at the 2023 Annual Summit in Santo Domingo, Dominican Republic on November 8. Mehruba Reza, Head of Women Banking ‘TARA’,
BRAC Bank posts strong growth in first nine months
BRAC Bank’s consolidated Net Profit After-Tax (NPAT) grew by 53.1% year-on-year at the end of the third quarter (Q3) 2023, supported by strong balance sheet growth. For January-September 2023, the bank's consolidated financial data, accounting for all subsidiaries, registered an NPAT of BDT 581.4 crore. This figure stands in comparison to
BRAC Bank starts sub-branches in Uttara and Mirpur
BRAC Bank has inaugurated new sub-branches in two economically important places in Dhaka city - Uttara and Mirpur. Selim R. F. Hussain, Managing Director & CEO, BRAC Bank, formally opened the sub-branches on November 9 in the presence of Sheikh Mohammad Ashfaque, Head of Branches, and senior officials of the
BRAC Bank signs agreement with ITES companies
BRAC Bank PLC has entered an Employee Banking (EB) agreement with GraphicPeople and SoftwarePeople, two renowned ITES companies in Bangladesh. Under the agreement, the employees of GraphicPeople and SoftwarePeople will enjoy a convenient and delightful banking experience, including salary account, multi-currency debit card, credit cards, loan facilities, DPS, FD, priority