BRAC Bank and Trust Axiata Pay (tap) have signed an agreement to enable tap to disburse remittance in Bangladesh, said a press release. Under the same automated system between BRAC Bank and tap, all KYC, Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and AML-CFT based screening for each remittance transaction
Tag: BRAC Bank
BRAC Bank provides 5pc of CSR fund to PM Education Trust
BRAC Bank has contributed 5 percent of its total Corporate social responsibility (CSR) budget for the year 2022 to the Prime Minister's Education Assistance Trust, a press release said Sunday. The bank handed over a cheque equivalent to Tk 11,517,754 to the Prime Minister's Education Assistance Trust on Wednesday. Selim R F
Shaheen Iqbal promoted as new BRAC Bank DMD
Md Shaheen Iqbal, CFA, Head of Treasury and Financial Institutions of BRAC Bank, has been promoted as the Deputy Managing Director of the Bank, a press release said Saturday. Shaheen Iqbal, who joined BRAC Bank in 2004, served in the areas of treasury management with particular expertise in foreign exchange, money
BRAC Bank, Robi sign deal to promote SMEs
BRAC Bank Limited and Robi Axiata Limited have signed a memorandum of understanding (MOU) to work together for SMEs across Bangladesh, a press release said. Syed Abdul Momen, Deputy Managing Director (DMD) and Head of SME Banking of BRAC Bank, and Adil Hossain Noble, Chief Enterprise Business Officer of Robi Axiata
BRAC Bank offers big Ramadan discounts for cardholders
BRAC Bank is offering amazing discounts at more than 1,100 partner outlets during this Ramadan. The bank’s credit and debit cardholders will enjoy B1G1, B1G2, B1G3, B2G1 for iftar/sehri and special discounts at dining places, lifestyle, jewellery, sweet shops, hotels & resorts, travel & airline and eCommerce transaction and many more.
BRAC Bank launches QR-based transactions app ‘ASTHA’
BRAC Bank has launched Quick Response (QR)-based transactions through the mobile app ‘ASTHA’ to provide its customers with the convenience of daily transactions. It lets users scan a BRAC Bank QR or other banks’ QR displayed by the merchant points and make instant payments. The bank’s VISA, Mastercard, debit and credit
BB, BRAC Bank sign agreement on Covid-19 refinancing to CMSMEs
An agreement has been signed between Bangladesh Bank and BRAC Bank to provide refinancing facilities to the cottage, micro, small and medium enterprises (CMSMEs) under Covid-19 Stimulus Package. Says in a press release on Saturday Md Abdul Wahab, General Manager, Project Implementation Unit (Covid-19 ECRF), SME & Special Programmes Department of
BRAC Bank organizes Agent Banking conference in Jhenaidah
Recently BRAC Bank organized at a agent banking Conference of its Jhenaidah region. The conference was organized to formulate a strategy and roadmap as the bank moves forward with the rapid network expansion drive of the alternate banking channel across the country. The valued Agent Partners, Agent Field Officers, Agent Relationship Officers
BRAC Bank opens its first premium banking lounge in Sylhet
The BRAC Bank has opened its first-ever Premium Banking Lounge in Sylhet. Abu Sayem Ansari, Head of Premium Banking; and Nakib Zaman, Regional Head, Barisal and Dhaka South West Region, BRAC Bank, formally inaugurated the lounge at the city’s Zindabazar Branch on March 30, 2022. Shafayet Hussain Ahmed, Area Head, Sylhet Region,
BRAC Bank honours remittance champions of Munshiganj
BRAC Bank has recognized the remittance customers of Munshiganj and arranged a session to create awareness about the benefits of remittance inflow through banking channels. The bank honoured the top ten remittance beneficiaries as ‘Remittance Champions of Munshiganj’, a district that accounts for one of the largest international remittances in Bangladesh.