BRAC Bank Limited

BRAC Bank started its journey on 4th July, 2001 as a private commercial bank focused on Small and Medium Enterprises (SME). In just a decade, the Bank has become a leading bank in Bangladesh, keeping its core focus in SME yet becoming one of country’s leading financial hypermarket. Today BRAC Bank holds a dynamic network of 157 branches, 400 SME unit offices, 500 Remittance Delivery Points, nearly 350 ATMs and 14 Financial Kiosks across the country.The stakeholders of the bank are BRAC, the largest non-government organization in the world and International Finance Corporation, the private sector arm of The World Bank.Achievements and Recognitions:Its success reflects its rapidly expanding global footprint and commitment to delivering high quality, client-centric integrated wealth management solutions and advice. In 12 years of operating BRAC Bank has achieved a significant amount of respect, honor and recognition from home and abroad shows commitment towards quality services as a bank. In these years BRAC Bank has achieved• Best managed Bank Award 2013 from Asian Banker• Retail Banker Award 2011 from Asian Banker• Best Retail Banker Award 2011 from Asian Banker• FT-IFC Sustainable Bank of the Year 2010 (Emerging Markets, Asia)• IFC awarded BRAC Bank as the Most Active Global Trade Finance Program (GTFP) Issuing Bank in South Asia in 2010• Member of Global Alliance for Banking on Values (GABV)• ICAB National Award 2009• DHL–Daily Star Bangladesh Business Awards 2008• NBR National Award as the Highest VAT payer for the financial year 2007-2008Subsidiaries:Being pioneer in the financial industry, BRAC Bank also ventures towards its subsidiaries to explore more and more new areas of businesses considering new requirement from its consumers. The subsidiaries are • BRAC EPL Investments Limited• BRAC EPL Stock Brokerage Ltd• bKash (Mobile banking service) Ltd• BRAC Saajan Exchange Limited• BRAC IT Services Limited (BITS)