BRAC Bank organizes fire drill at HQ

As part of its continuous effort to ensure workplace safety and security for its people, BRAC Bank has conducted a fire safety and emergency evacuation drill at its head office in Dhaka on October 28, 2021 in association with the Fire Service and Civil Defence Department, said a press release. The

BRAC Bank, FSS partner to drive digital commerce in Bangladesh

FSS (Financial Software and Systems), a globally leading provider of integrated payment products and a payments processor, Thursday announced its collaboration with BRAC Bank, the leading bank in Bangladesh, to catalyze the growth of digital commerce in the country. This partnership will enable FSS to provide its Omni-channel Acquiring Platform to

BRAC Bank introduces personal loan for teachers

Any person in teaching profession working anywhere in Bangladesh can now easily avail a bank loan as BRAC Bank has launched a specially designed personal loan product - “Dishari”. Teachers of Bangladesh often face difficulties in accessing finance from financial institutions primarily because there are no tailored financing solutions for them. With

BRAC Bank, GlobalLinker to launch SME Networking Platform in Bangladesh

BRAC Bank and GlobalLinker, a leading business networking and enablement platform for SMEs, have agreed to launch a digital platform on which the SMEs of Bangladesh can be empowered to network amongst themselves, said a press release. India-based GlobalLinker will help the SME customers of BRAC Bank set up IT infrastructure

Brac Bank honored with ‘2021 STP Quality Recognition Award’

American financial heavyweight JP Morgan Chase has conferred '2021 STP Quality Recognition Award' on Brac Bank in recognition of the bank's operational excellence in Straight-Through-Processing (STP) rate for funds transfers, said a press release. Brac Bank has been honored in four different categories this year making it the only local bank

BRAC Bank posts 138cr profit after tax in Q3‘2021

BRAC Bank has posted upbeat financial results for the third quarter (Q3) of 2021, said a press release. The Bank registered a Net Profit After-Tax (NPAT) of BDT 138 crore with a growth of 8 per cent compared to the same quarter of 2020 (YoY) on standalone basis. On a consolidated

NBR, BRAC Bank exchange views on online VAT payment

BRAC Bank organized a roundtable discussion where the bank’s corporate customers exchanged views with the high officials of National Board of Revenue (NBR) about their experience of paying VAT and other duties online. Kazi Mostafizur Rahman, VAT Online Project Director (Commissioner) of NBR was the chief guest at the roundtable titled

BRAC Bank, Ekush Wealth Management sign Custodial Agreement

BRAC Bank Limited and Ekush Wealth Management Limited have signed a Custodial Agreement for management of mutual fund named ‘Ekush Growth Fund’. BRAC Bank, under the agreement, will be providing custodial services to Ekush Wealth Management for the operation of the mutual fund under the bank's Capital Market Unit. TareqRefatUllah Khan, Deputy

BRAC Bank reiterates commitment to values-based banking

BRAC Bank has reiterated its strong commitment to values-based banking as the bank along with 66 other members of Global Alliance for Banking on Values (GABV) celebrates Banking on Values Day across the globe. Every year GABV observes the day to claim for a more sustainable and inclusive financial models. This

BRAC Bank to facilitate investors of BRAC EPL Stock Brokerage

BRAC Bank Limited has signed an agreement to provide services through its different channels to facilitate investors of BRAC EPL Stock Brokerage Limited in depositing their investments. TareqRefatUllah Khan, Deputy Managing Director and Head of Corporate Banking, BRAC Bank, and AhsanurRahman, Managing Director and CEO, BRAC EPL Stock Brokerage, signed the