Brac Bank News Today

Buyers and sellers can now conduct transactions digitally, ensuring safety from cash-related risks

BRAC Bank logged a 35 percent higher consolidated net profit after tax in 2023 amid challenging market conditions.

BRAC Bank recently promoted an official to the post of deputy managing director (DMD), effective from April 1.

BRAC Bank PLC registered a 35 percent increase in profit to Tk 827.50 crore last year thanks to its focus on small and medium enterprises (SME) and technology-based customer services, which added over 3.60 lakh new customers.

Digital banks have sprung up across Asia in recent years, but not all will be successful.

BRAC Bank has organised an exposition to promote locally made products by women entrepreneurs and create a market for their “Made in Bangladesh” products.

BRAC Bank got the highest credit rating with a 'stable' outlook by the international ratings agency Moody’s Investor Service.

BRAC Bank has signed a memorandum of understanding (MoU) with MicroSave, a global consulting firm specialising in market-led solutions for financial services, to collaborate on enhancing digital financial inclusion in the country.

Although relatively new, insurance industry insiders are pinning their hopes on bancassurance, as they believe the nationwide banking networks can finally help them penetrate the uninsured populace. Banking in insurance (bancassurance) is a system that enables sale of...

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