BRAC Bank signs deal with Jiban Bima Corporation

BRAC Bank Ltd. has signed an agreement with the state-owned Jiban Bima Corporation (JBC) on collecting insurance premiums through BRAC Bank’s various physical and digital channels along with the bank’s subsidiary, bKash, a press release said Friday. Under the arrangement, the JBC policy-holders across the country can pay insurance premiums through

BRAC Bank signs partnership deal with BracU

BRAC Bank has signed a partnership agreement with Brac University (BracU) to provide preferential benefits of Agami, a complete range of student banking services, a press release said Wednesday. The agreement will enable Brac University students to enjoy several benefits of agami proposition, including financing for their educational expenses with Agami

BRAC Bank sets up first ever Cyber Fusion Centre in Bangladesh

BRAC Bank has established the first ever Cyber Fusion Centre (CFC) in the country’s banking sector to ensure cybersecurity, a press release said Sunday. The bank now can ensure 24/7 cyber vigilance and make its systems and IT infrastructure impregnable to the fraudsters. The centre equipped with most modern devices, has been

BRAC Bank, iDE sign deal on capacity building of entrepreneurs

BRAC Bank and iDE, a USAID development partner, have signed an agreement on capacity building of the entrepreneurs in the light engineering and agri-machinery sectors, a press release said Saturday. Syed Abdul Momen, Deputy Managing Director & Head of SME Banking of BRAC Bank and Deepak Dhoj Khadka, Vice President–Asia of

BRAC Bank, KY Two Tone sign home loan deal

BRAC Bank and KY Two Tone, a concern of KDS Group, have signed a memorandum to understanding (MoU) to offer affordable financing options for home loan customers across Bangladesh, a press release said Friday. This agreement will allow customers of KY Two Tone faster processing of home loans and promotional offers

BRAC Bank TARAs to enjoy exclusive offers on Nissan Magnite

BRAC Bank’s Women Banking Segment ‘TARA’ has partnered with Pacific Motors Ltd. to provide an exclusive offer to purchase brand new Nissan Magnite, a press release said Wednesday. The women customers availing BRAC Bank auto loan for this car will enjoy Tk 50,000 discount in price, 8 percent interest rate for

BRAC Bank promotes eco-friendly cookers

BRAC Bank is promoting eco-friendly induction cookers as part of its strong commitment to conserving the environment, a press release said Tuesday. As the world observes World Environment Day, BRAC Bank stands by an environment-friendly induction cooker that promises to change the cooking method forever in Bangladeshi households. Infrared Cooker & Induction

BRAC Bank takes paper recycling initiative

BRAC Bank has initiated a paper recycling process, styled Every Page Matters, as part of its strong environmental commitment, a press release said Sunday. BRAC Bank recycles all old, outdated and waste papers converting them into essential items such as clipboards, boxes, notebooks, cartons, etc. As Corporate Environmental Responsibility has become one

BRAC Bank posts Tk 134cr profit after tax in Q1 of 2022

BRAC Bank has registered a Profit After-Tax (PAT) of BDT 134 crore in the first quarter (January-March) of 2022 on a standalone basis, a press release said Friday. On a consolidated basis, the bank generated a PAT of BDT 97 crore during the first three months of 2022. The bank announced its

BRAC Bank launches sub-branches to widen outreach

BRAC Bank Limited has introduced a new distribution channel -- sub-branch -- to take best-in-class banking services to customers' doorsteps across the country, a press release said Wednesday. The new banking channel went into operations on June 01, 2022 with the inauguration of five sub-branches at different locations in the country