Brac Bank

BRAC Bank’s profit surged 69% on strong investment, fee income

Its July-September profit was Tk 419.62 crore 

Tk 100cr budget for women entrepreneurs lies idle for lack of awareness

Though the government allocates Tk 100 crore in the national budget every year for the development of women entrepreneurship, not a single penny of this money gets used as the entrepreneurs lack awareness on how to ensure optimum utilisation of the fund.

BRAC Bank to get $50 million loan from British International Investment

The bank will support 3,500 MSMEs and women-led businesses in Bangladesh

bKash reported profit surge in 2023

Mobile financial service provider bKash logged a profit of Tk 103.9 crore in 2023, up by a massive 504 percent year-on-year

BRAC Bank launches bancassurance service

The bank will initially offer insurance products from MetLife Bangladesh and Green Delta Insurance

BRAC Bank issues Tk 700 crore bond targeting small investors

Minimum investment threshold is Tk 10 lakh

BRAC Bank suspends cash withdrawal by cardholders abroad  

BRAC Bank has suspended all sorts of cash withdrawals by its cardholders outside Bangladesh, a development that comes amid the country’s lingering forex crisis. 

BRAC Bank appoints two female drivers

BRAC Bank PLC has appointed two female drivers, Sharmin Akter Shanta and Tulona Akther, as part of its diversity and inclusion policy.

BRAC Bank’s profit surges

BRAC Bank PLC registered a 38.72 percent increase in profit to Tk 581.41 crore in the nine months to September this year.

May 8, 2023
May 8, 2023

Brac Bank gets nod to give 7.5% stock dividend for 2022

Brac Bank Ltd today said it has received consent from the Bangladesh Securities and Exchange Commission (BSEC) to give a 7.5 per cent stock dividend for 2022.

May 3, 2023
May 3, 2023

Brac Bank sees 32% profit growth

Brac Bank achieved a 32 per cent growth in its net profit for 2022.

April 9, 2023
April 9, 2023

Brac Bank launches new financial product Tally Loan - Druti

This business loan is designed specifically for small traders

April 8, 2023
April 8, 2023

Brac Bank launches remittance application FXPAY

FXPAY is a 360-degree commercial remittance system

March 8, 2023
March 8, 2023

Brac Bank to recruit 500 female sales officials to serve women entrepreneurs

Brac Bank has set this unique example on the eve of International Women's Day by appointing an all-women sales team.

January 12, 2023
January 12, 2023

Brac Bank to get $100 million from Jica, Citi to finance green projects

Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.

November 9, 2022
November 9, 2022

Brac Bank launches Bangladesh’s first digital loan app

Brac Bank has launched the country’s first end-to-end digital loan app Shubidha.

November 7, 2022
November 7, 2022

Brac Bank hosts 'global alliance for banking on values' summit

A three-day summit of the Global Alliance for Banking on Values (GABV) will start tomorrow in Dhaka to share ideas and find solutions for sustainable run of the financial industry.

September 22, 2022
September 22, 2022

Six banks asked to spend forex business profits for CSR

The six banks are Standard Chartered Bangladesh, Brac Bank, Dutch-Bangla Bank, The City Bank, Southeast Bank and Prime Bank.

July 31, 2022
July 31, 2022

Finacing the future, sustainably

Global temperatures have been rising at an alarming pace in recent years thanks to increased human activity and as such, even climate change deniers can now perceive the growing heat wave.