BRAC Bank wins four awards at Visa Leadership Bangladesh Conclave 2024

BRAC Bank recently won four awards at the Visa Leadership Bangladesh Conclave 2024 in recognition of its outstanding business.

The bank secured the awards in "Excellence in Consumer Debit Card", "Commercial Debit Card", "Merchant Acquiring POS", and "Value-Added Services" categories, the bank said in a press release.

Syed Abdul Momen, deputy managing director and head of SME banking at BRAC Bank, and Md Mahiul Islam, deputy managing director and head of retail banking, received awards from Rafeza Akhter Kanta, director of the Payment Systems Department of the Bangladesh Bank, at a hotel in the capital's Banani.

Commenting on the accolades, Selim RF Hussain, managing director and CEO of the bank, said: "This prestigious recognition from Visa for consecutive years shows our strength in card issuing and acquiring business across the industry and our focus on innovation in new business areas leveraging technology."

"Our unique and lucrative cards proposition and extensive acquiring presence win the trust and loyalty of retail and SME customers and help us consolidate our market share. As a customer-centric bank, we will continue to offer innovative services to meet the customers' evolving needs and keep up the business momentum."

"We extend our heartfelt gratitude to our stakeholders for their unwavering support and partnership in reaching this milestone," he added.

The conclave honoured various banks, mobile financial services providers and merchants who contributed to the digital payments ecosystem in Bangladesh.

Ashik Chowdhury, executive chairman of the Bangladesh Investment Development Authority, Sandeep Ghosh, group country manager for India and South Asia at Visa, and Sabbir Ahmed, country manager for Bangladesh, Nepal and Bhutan, along with officials of BRAC Bank and Visa were also present.