Banking

BRAC Bank tops govt securities trading for third successive year

BRAC Bank has secured the top position in the secondary market trading of government securities (GSEC) for the third consecutive year, according to the latest annual report released by the Bangladesh Bank.

In the financial year (FY) 2023–24, BRAC Bank expanded its market share to 13.39 percent, up from 11.64 percent the previous year, thereby solidifying its front-running position and accelerating its upward momentum, said a press release.

This achievement is underpinned by BRAC Bank's strong capital base, prudent liquidity management, robust risk management, and continuous investment in advanced digital treasury infrastructure.

Further reinforcing its financial strength, BRAC Bank Electra, the only FX trading platform developed by a local bank, has helped BRAC Bank secure its position as the top FX liquidity provider in the interbank market.

Commenting on the achievement, Md Shaheen Iqbal, deputy managing director and head of treasury and financial institutions at BRAC Bank, stated, "This milestone reflects BRAC Bank's continuous pursuit of excellence, market insight, and deep commitment to strengthening Bangladesh's financial ecosystem."

He further remarked, "We are proud to lead with integrity, agility, and innovation—continuing to serve our clients and stakeholders with the highest standards of trust and professionalism."

With a forward-thinking approach to financial innovation, BRAC Bank continues to set benchmarks in the banking industry, delivering seamless execution and trusted partnership to clients and institutional investors alike.

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BRAC Bank tops govt securities trading for third successive year

BRAC Bank has secured the top position in the secondary market trading of government securities (GSEC) for the third consecutive year, according to the latest annual report released by the Bangladesh Bank.

In the financial year (FY) 2023–24, BRAC Bank expanded its market share to 13.39 percent, up from 11.64 percent the previous year, thereby solidifying its front-running position and accelerating its upward momentum, said a press release.

This achievement is underpinned by BRAC Bank's strong capital base, prudent liquidity management, robust risk management, and continuous investment in advanced digital treasury infrastructure.

Further reinforcing its financial strength, BRAC Bank Electra, the only FX trading platform developed by a local bank, has helped BRAC Bank secure its position as the top FX liquidity provider in the interbank market.

Commenting on the achievement, Md Shaheen Iqbal, deputy managing director and head of treasury and financial institutions at BRAC Bank, stated, "This milestone reflects BRAC Bank's continuous pursuit of excellence, market insight, and deep commitment to strengthening Bangladesh's financial ecosystem."

He further remarked, "We are proud to lead with integrity, agility, and innovation—continuing to serve our clients and stakeholders with the highest standards of trust and professionalism."

With a forward-thinking approach to financial innovation, BRAC Bank continues to set benchmarks in the banking industry, delivering seamless execution and trusted partnership to clients and institutional investors alike.

Comments

নিশ্চিত করুন নির্বাচনে যাতে কারো দ্বারা ব্যবহৃত না হন: পুলিশের প্রতি প্রধান উপদেষ্টা

‘কোনো ব্যক্তি যদি অন্যায় বা অনিয়মের মাধ্যমে নির্বাচিত হয়, তার দ্বারা ন্যায় প্রতিষ্ঠা সম্ভব নয়।’

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