BRAC Bank has retained the country's highest credit rating 'AAA' for three years on the trot from Bangladesh's most prominent agency, Credit Rating Agency of Bangladesh (CRAB). CRAB has reaffirmed 'AAA' for the long-term and ST-1 for the short-term with a 'Stable' outlook for BRAC Bank. 'AAA' is the highest
Tag: BRAC Bank
BRAC Bank clarifies news on NBR officials’ visit to its Gulshan Branch
Recently, several news reports were published in media on the visit of National Board of Revenue (NBR) officials to the Gulshan Branch of BRAC Bank PLC. Some of these reports had misleading titles, contained inaccurate information, leading to misunderstandings regarding the event. BRAC Bank issued the following statement as a
BRAC Bank pilots all-women branch initiative
BRAC Bank has set an example in the banking industry by running three branches with all-women officials. The pilot all-women branch was a groundbreaking initiative, with female officials managing every aspect of the branch, from customer service to cash management. Even the security guards were women, showcasing the bank's commitment to
BRAC Bank appoints CDO
BRAC Bank has appointed Md. Mokerrobin Mannan as Chief Digital Officer (CDO) to drive its digital transformation journey on April 1. Mokerrobin, with his extensive knowledge of the latest technology and digital developments, brings a wealth of expertise from his tenure with leading multinational companies. Before BRAC Bank, Mokerrobin worked with Nagad
BRAC Bank achieves BDT 2,500 crore net deposit growth in two months
BRAC Bank continues to growth strongly in 2024 as it maintains its deposit momentum thanks to customers’ overwhelming trust and confidence. Its Distribution Network alone achieved a remarkable BDT 2,500 Core net deposit growth in February and March 2024 despite fewer working days than usual. Managing Director & CEO Selim
BRAC Bank’s Sabbir Hossain wins ‘Ingenious COO of the Year Award’
Deputy Managing Director and Chief Operating Officer (COO) at BRAC Bank Sabbir Hossain has won “Ingenious COO of the Year Award 2024”. Deputy Prime Minister and Home Minister of Nepal Narayan Kaji Shrestha handed the awards to Sabbir Hossain at "South Asian BFSI Tech Summit" held in Kathmandhu in Nepal
BRAC Bank customers to enjoy offers at Mana Bay
BRAC Bank has signed a Memorandum of Understanding (MoU) with Splash Works Water Park Ltd. (Mana Bay Water Park) to offer its customers exclusive offers and discounts. Mana Bay is the third largest water park in South Asia, located on the Dhaka-Chattogram Highway in Baushia, Gazaria, Munshiganj. As part of
BRAC Bank promotes officials to Senior Executive Vice President
BRAC Bank has promoted three senior leaders of the Distribution Network and Finance Divisions to Senior Executive Vice President (SEVP). The promotion took effect from April 1, 2024. The promotees are A.K.M. Tareq, Senior Zonal Head - North, and Md. Taher Hasan Al Mamun, Senior Zonal Head - South of
BRAC Bank Reading Café discusses Liberation War poems
Members of the BRAC Bank Reading Café, in collaboration with Aajob Prokash, engaged in a discussion on a collection of poems that delve into the heart of Bangladesh's liberation war. The volume, titled ‘Nirbachito Muktijuddher Kobita’ and edited by Syed Mazharul Parvez, became the centrepiece of a discussion that not
Ashfaque promoted to DMD at BRAC Bank
Sheikh Mohammad Ashfaque, Head of Branches, has been promoted to Deputy Managing Director (DMD) at BRAC Bank, a press release said Saturday. The promotion takes effect from April 1, 2024. Ashfaque leads the distribution network comprising 187 branches and 40 Sub-branches. He also looks after Premium Banking, Branch Corporate and Government Relations