BRAC Bank has posted strong financial results for FY 2021 shrugging off the impact of the pandemic. The bank registered a Net Profit After-Tax (NPAT) of BDT 555 crore with a growth of 22 per cent compared to NPAT in 2020 on standalone financials. Consolidated financials, i.e., with all its subsidiaries,
Tag: BRAC Bank
60 entrepreneurs complete country’s first-ever accelerator programme
BRAC Bank and Department of Marketing, University of Dhaka conducted the Graduation Ceremony of Bangladesh’s first-ever entrepreneur accelerator programme in the banking sector titled 'Uddokta 101'. As they completed the three-month intensive training, a total of 60 emerging entrepreneurs were given certificates at a ceremony at InterContinental Hotel in Dhaka on
BB, BRAC Bank end intensive training for CMSMEs
BRAC Bank, with technical assistance from Bangladesh Bank, has completed a month-long intensive training for the up-and-coming entrepreneurs in the cottage, micro, small and medium enterprises (CMSMEs) sector, a press release said Monday. The closing ceremony of the unique grooming initiative titled ‘Entrepreneurship Development Programme’ took placeat the bank’s Head Office
BRAC Bank ties up with DBS to help expats in Singapore send money
Bangladeshi migrants working in Singapore will now be able to easily transfer their hard-earned income to their families back home, with minimal expenses and in real-time using DBS Remitvia DBS digibank, DBS’ digital banking platform. For remittances to Bangladesh, DBS Remit provides guaranteed exchange rates, has no service fee charges and
BRAC Bank’s TARAs to enjoy discounts on Ujjwala course fees
BRAC Bank TARA debit and credit cardholders will now enjoy a 20 percent discount on a complete course and a 15 percent discount on any single course at Ujjwala Limited, a capacity-building institution for women entrepreneurs. The discounts were agreed in a memorandum of understanding signed between Ujjwala and BRAC Bank
BRAC Bank launches multi-currency debit card
BRAC Bank has launched a multi-currency debit card to enable the customers to do international transactions and purchase from international e-commerce sites. The customers can now use this VISA debit card at hotels, restaurants, shops while travelling abroad, avail medical services in foreign hospitals, purchase foreign software, boost advertisements on social
How BRAC Bank strengthens its remittance network
Shamsul Arefin from Kishoreganj, working for a construction business in Penang, Malaysia, wanted to send some money home on the occasion of his sister’s wedding. Shamsul says: “I did dispatch the amount in time, but unfortunately, my family received the money after the wedding was over.” Thousands of Bangladesh’s migrant workers
BRAC Bank holds workshop on digital entrepreneurial skills for women
BRAC Bank women banking segment TARA has organized a workshop for the women f-commerce entrepreneurs. As many as 73 advancing entrepreneurs participated in the daylong workshop titled “Master the Digital Entrepreneurial Skills” on March 11, 2022, at the bank’s head office in Dhaka. The workshop was organized in light of the tremendous
Talents of rural areas get job opportunity at BRAC Bank
BRAC Bank is creating employment opportunities for those who lag behind in the society. In the recent recruitment examinations, many job seekers from remote areas of the country have got job opportunities at the bank by showing extraordinary merit. Most of the job seekers had to overcome numerous hurdles to complete
BRAC Bank customers can open FD, DPS through ASTHA mobile app
BRAC Bank customers can now open Fixed Deposits (FD) and Deposit Pension Scheme (DPS) on the bank’s ASTHA mobile app anytime, anywhere, without visiting a branch. The process is fully digital and paperless, where the FD and DPS will be opened instantly with just a few clicks. This new feature in the