Female leaders in key frontline roles play a significant part in the bank's business growth
663 unique investors participate in the long-term bond
In a year marked by financial uncertainty, five banks in Bangladesh have emerged as beacons of resilience and trust. Islami Bank, already a leader in the sector, has been joined by BRAC Bank, City Bank, Pubali Bank, and Dutch-Bangla Bank in reaching the coveted Tk 2,000 crore milestone in operating profit.
The Bangladesh Bank (BB) has found a mismatch of Tk 82.44 lakh between cash kept in BRAC Bank’s Chokoria branch vault in Cox’s Bazar and that mentioned in its books..The difference was detected during an inspection of the central bank..The BB started the inspection on December 22 las
BRAC Bank achieved a milestone of facilitating wage remittances totalling USD 1.5 billion in 2024
Its July-September profit was Tk 419.62 crore
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.
The bank will support 3,500 MSMEs and women-led businesses in Bangladesh
Mobile financial service provider bKash logged a profit of Tk 103.9 crore in 2023, up by a massive 504 percent year-on-year
Minimum investment threshold is Tk 10 lakh
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 PLC has appointed two female drivers, Sharmin Akter Shanta and Tulona Akther, as part of its diversity and inclusion policy.
BRAC Bank PLC registered a 38.72 percent increase in profit to Tk 581.41 crore in the nine months to September this year.
The ICT trailblazers of Bangladesh were recognised for their contribution in the sector
ICT trailblazers to be honoured
Brac Bank Limited has got the nod to issue a fully redeemable, non-convertible, unsecured floating rate subordinated bond worth Tk 700 crore.
Brac Bank Limited has received permission from the central bank to raise its authorised capital from Tk 2,000 crore to Tk 5,000 crore.
The establishment of the proposed digital bank named “bKash Digital Bank PLC” is subject to the approval of the Bangladesh Bank, it said in a disclosure for general investors in the stock market.
Mayeenuddin was appointed as an independent director to the board in December 2021
