BRAC Bank Limited has signed a tripartite agreement with Delivery Tiger, a courier service, and Dana Fintech, an embedded finance and credit scoring platform, to launch platform-based e-Loans for SME businesses in Bangladesh, a press release said Monday. This partnership will enable platform-based SME lending facilities to the cottage, micro, small
Tag: BRAC Bank
BRAC Bank celebrates 5th anniversary of its women’s banking solution
BRAC Bank Limited has celebrated the fifth anniversary of the country’s first 360-degree dedicated banking proposition for women - ‘TARA’, a press release saidSaturday. BRAC Bank was the first bank in the industry to launch this comprehensive women’s banking solutions to cater to all banking and financial needs of individuals and
BRAC Bank signs refinance deal with BB
Bangladesh Bank and BRAC Bank have signed an agreement to provide refinancing facilities to the cottage, micro and small enterprises (CMSEs) run by returnee migrant workers, unemployed youth, and rural entrepreneurs and women business owners. BRAC Bank has signed an agreement with Bangladesh Bank to become Participating Financial institution under the
BRAC Bank, Green Delta Insuranceto provide digital healthcare package together
BRAC Bank’s Women Banking Segment-TARA- has signed a partnership agreement with Green Delta Insurance Company to provide a digital healthcare package to its customers. Under the arrangement, eligible TARA SME andretail loan, deposit and credit card customers will receive a digital healthcare package from Green Delta Insurance free of cost for
BRAC Bank gets BB recognition for meeting agri-lending target
Bangladesh Bank has recognized BRAC Bank for its outstanding role in successful and timely disbursement of agriculture refinancing credit under Covid-19 Stimulus Package, a press release said Thursday. Bangladesh Bank Governor Fazle Kabir handed over a certificate of recognition to BRAC Bank’s Managing Director and CEO Selim R. F. Hussain at
BRAC Bank launches eSingature solution for procurement
BRAC Bank has introduced eSingature Solution for its procurement function, enhancing transparency and security of its outsourcing works on Saturday, a press release said. It is the first bank to launch eSingature in this field. Bangladesh Bank-mandated Digital Certificate was introduced for signing and validating all relevant procurement documents. The bank said from
BRAC Bank hosts cattle farming workshop
The BRAC Bank organized an awareness workshop for its sales team in Chattagram on livestock financing and insurance facilities for the cattle-farming entrepreneurs on Tuesday. The workshop was meant for training its field force about the benefits of the financing facility and how it can help the farmers expand their livestock
BRAC Bank launches real-time cash deposit machine
The BRAC Bank has introduced Real-Time Cash Deposit Machine (RCDM), which will allow the customers to deposit cash 24 hours a day, seven days a week and reflect it instantly in their accounts, a press release said Sunday. The intelligent machine allows the customers to instantly deposit cash to BRAC Bank
BRAC Bank okays 7.5pc cash, 7.5pc stock dividends for 2021
The BRAC Bank Limited has approved 7.50 percent cash dividend and 7.50 percent stock dividend for its shareholders of for the year 2021, a press release Thursday. The approval came at the 23rd Annual General Meeting (AGM) held on Thursday on virtual platform. A significant number of shareholders participated in the
BRAC Bank signs deal with Sandhani Asset Management
BRAC Bank Limited and Sandhani Asset Management Limited have signed a Custodial Service Agreement. This agreement enables BRAC Bank Limited to provide custodial services to Sandhani Asset Management to operate ‘Sandhani AML SLIC Fixed Income Fund’, a new open-ended mutual fund. Tareq Refat Ullah Khan, Deputy Managing Director & Head of Corporate