BRAC Bank has added the fastest 1 Million Customers in the banking sector of Bangladesh last month. The bank is the youngest in the industry, and crossed this historical milestone within its 9 years of journey.
“This is truly inspirational. At BRAC Bank, we have consistently tried to work hard for our customers – we call them ‘guests’ – to deliver world-class quality of banking solutions and in the process, reach to the part of population that has remained under-served,” said Syed Mahbubur Rahman, Managing Director and CEO of BRAC Bank Limited.
BRAC Bank has been offering full-scale banking solutions for all segments from beginning, but it had a core focus in and has pioneered SME Banking. Within a short span of time, the Bank catered to the unbanked segment of the country with more than 13 thousand crore taka worth of SME Loan. Besides, the Bank today cuts across all strata of clientele: Corporate, Retail and Non-resident Bangladeshis.
Today, the bank has 137 Branches, 220 ATMs, 424 SME Unit offices, more than 1,900 Remittance Delivery Points and over 1,500 POS terminals – making it the largest online-customer-network in the Banking industry.
Lately, BRAC Bank has been extending its business into green banking as well, Keeping business sustainable in line with the philosophy of 3Ps (People, Planet and Profit) through its CSR activities.
The recent Planet Card, the SME model of mobilizing fund from urban and channeling it to realize rural entrepreneurial dreams, the staff strength of over 7,850 are a few notions of the same.