BRAC Bank entities post 12pc profit in 9 months

BRAC Bank and its subsidiaries have earned a net profit after-tax (NPAT) of Tk 380 crore in the first nine months of 2022, reflecting a growth of 12 percent compared to the same period of 2021, a press release said Sunday. On a standalone basis, BRAC Bank’s NPAT stood at Tk

BRAC Bank starts ‘Uddokta 101’ 3rd batch

BRAC Bank’s has begun the training session of entrepreneur development programme for the women styled ‘Uddokta 101’ with an orientation programme at BRAC University campus on November 12, 2022, a press release said Friday. The Entrepreneur Accelerator Programme ‘Uddokta 101’ is a signature initiative of the bank’s women banking segment

BRAC Bank gains payment security standard

BRAC Bank has achieved recertification of the most rigorous and internationally recognized security standard for payment and card systems, a press release said Tuesday. The Payment Card Industry Data Security Standard (PCI DSS) Recertification proves the bank’s strong commitment to safeguarding the information and interests of the customers, reinforcing its

BRAC Bank wins Data Champion Award

 BRAC Bank has won Data Champion Award from the New York-based Financial Alliance for Women, a press release said Monday. This is the fifth time BRAC Bank has received an award at Championing the female economy awards of the Financial Alliance for Women. BRAC Bank has won the award for

BRAC Bank opens retail banking lounge

BRAC Bank has established a lounge for convenience to the customers in availing retail banking services, a press release said Saturday. The lounge will cater to the retail banking needs of the customers, ensuring service excellence with tailor-made services and faster delivery. Selim R. F. Hussain, MD & CEO, the

GABV observes Banking On Values Day

Global Alliance for Banking on Values (GABV) has marked Banking On Values Day on 10 November 2022 by reaffirming the crucial role that banks have to play in tackling the root causes of climate change, a press release said Friday. At the COP27 ‘Finance Day’, the GABV urged the financial sector,

BRAC Bank launches country’s first ever digital loan app

BRAC Bank has launched the country’s first ever end-to-end digital loan app named (Shubidha), a press release said Wednesday. The app will enable customers to apply for Digital Retail Loans from anywhere in Bangladesh and get loan approval instantly. Moreover, they can purchase products and services from the bank’s partner outlets

BRAC Bank hosts 13th conference of GABV in Dhaka

The Global Alliance for Banking on Values (GABV), a network of 70 independent banks, credit unions and microfinance institutions from 43 countries, is all set to hold a three-day conference in Dhaka from Tuesday to share ideas and find solutions as to how the financial industry can drive sustainability. Speaker Dr.

BRAC Bank opens branch at Dhanmondi 27

BRAC Bank has opened a branch in the city’s Dhanmondi Road 27 by relocating its Asadgate branch, a press release said Saturday. Selim R. F. Hussain, MD & CEO of the bank inaugurated the branch at BTI Lake Palisade at Holding # 23, Road # 27, Dhanmondi, Dhaka, on October

BRAC Bank extends financing support under SEIP

BRAC Bank has extended financing facilities to up-and-coming entrepreneurs who have been given extensive training under the Skills for Employment Investment Program (SEIP), a press release said Monday. SEIP is an entrepreneurship development initiative of Bangladesh Government and Asian Development Bank, coordinated by Bangladesh Bank. BRAC Bank is the first bank among