BRAC Bank's branch network achieves Tk 10,000cr deposit growth in Jan-Oct

BRAC Bank's branch network has achieved a milestone by making a net deposit growth of Tk 10,000 crore within the first ten months of 2024, spanning January to October.

Despite a challenging economic environment, the bank obtained this impressive growth driven by the lender's strong market presence and customer trust, said a press release.

The bank organised a special event, styled "10 on 10", at its head office in the capital's Gulshan to celebrate this achievement. Selim RF Hussain, managing director and CEO of the bank, inaugurated it.

Commenting on the achievement, Hussain said, "Strong customer engagement and relationships have been at the heart of our success in mobilising customer deposits."

"Continuous efforts to expand our branch network, enhanced customer services, and cutting-edge digital banking solutions have driven this growth."

"We are confident this momentum will propel us towards greater success in the coming years," he added.

BRAC Bank remains committed to sustaining its growth trajectory by leveraging its strong branch network, customer trust, and digital innovations.

The bank will continue to prioritise enhancing customer satisfaction as it looks forward to achieving new milestones.

Sheikh Mohammad Ashfaque, deputy managing director and head of branch distribution network, AKM Tareq, senior zonal head for North, and Taher Hasan Al Mamun, senior zonal head for South, along with other senior management members of the bank, regional heads, cluster heads, and branch managers from across the network were also present.