Business Desk : dhakamirror.com BRAC Bank has joined hands with the Garment Buying House Association (BGBA) to represent Bangladesh in Texworld, Apparel Sourcing Trade Show in New York. Texworld, Apparel Sourcing USA Trade Show is the largest apparel sourcing event on the East Coast, USA, where thousands of international exhibitors gather to connect with buyers, ... Read more
brac bank
Brac Bank holds fire safety awareness sessions during Fire Service Week
Business Desk : dhakamirror.com To observe Fire Service Week, Brac Bank held a fire safety awareness event for its people in conjunction with the Fire Service and Civil Defence Department. The bank arranged a fire safety drill at its head office in Dhaka on 17 November, said a press release. The department observes Fire Service ... Read more
Brac Bank opens 800th agent banking outlet
Business Desk : dhakamirror.com Brac Bank has achieved a milestone of opening the 800th agent banking outlet recently. Nazmur Rahim, head of alternate banking channels of the bank, inaugurated the outlet at Kaziganj Bazar in Habiganj on Monday. The bank serves around 2.10 lakh unbanked people in rural and semi-urban areas through its agent banking ... Read more
Brac Bank, BB hold training for entrepreneurs
Business Desk : dhakamirror.com Brac Bank conducted a training with technical assistance from Bangladesh Bank for 50 promising entrepreneurs. The “Entrepreneurship Development Programme” was held in two phases at the lender’s head office in Dhaka yesterday, said a press release. The programme is funded by Asian Development Bank and managed by Skills for Employment Investment ... Read more
BRAC Bank, DSHE to provide Laptop Financing to MPO-listed teachers
Business Desk : dhakamirror.com Brac Bank signed a memorandum of understanding (MoU) with the Directorate of Secondary and Higher Education (DSHE) in Dhaka recently. Nehal Ahmed, director general of the DSHE, and Selim RF Hussain, managing director of the bank, inked the MoU at the latter’s office, said a press release. Under the deal, teachers ... Read more
Brac Bank raises Astha fund transfer limits
Brac Bank has enhanced the fund transfer limits on its Astha mobile app and Astha web interface to provide customers with a better digital banking experience.Account to account transfer limits in Astha has been increased to Tk 10 lakh daily. These new limits are applied to all four types of transfers – other bank transfers ... Read more
BRAC Bank offers benefits for BracU students
Brac Bank has signed a partnership agreement with Brac University to provide preferential benefits of Agami, a complete range of student banking services, on the university campus in Dhaka on June 9, said a press release on Wednesday. Brac Bank managing director and chief executive officer Selim RF Hussain, retail banking
BRAC Bank introduces real-time cash deposit machine
Brac Bank has launched 39 real-time cash deposit machines (RCDMs) in Dhaka, Gazipur, Chattogram, Sylhet, Rajshahi, Khulna, Rangpur, Bogura, Jashore and Pabna in the first phase. The machine allows customers to deposit cash any time and any day of a week to their Brac Bank accounts and pay credit card bills within minutes, a press
Brac Bank donates 5pc of CSR fund to PM’s trust
Brac Bank has contributed 5 per cent of its total corporate social responsibility (CSR) budget for 2022 to the Prime Minister’s education assistance trust (EAT). The bank handed over a cheque equivalent to Tk 11,517,754 to the PM’s EAT on April 20, 2022, a press release said. “We should thank Bangladesh Bank for
bKash incurs Tk 123cr loss in 2021
BKash, the leading mobile financial service provider in the country, posted Tk 123 crore of losses in 2021, which is 83 per cent higher than the losses it posted in the corresponding period of the past year. BRAC Bank, the majority shareholder of bKash, on Sunday disclosed the financial statements of the MFS provider in ... Read more
Brac Bank, DU offer training to 60 entrepreneurs
Brac Bank and the University of Dhaka’s marketing department have provided a three- month training to 60 entrepreneurs, over half of them women, on developing managerial skills to expand and sustain businesses in the banking sector. Participants of “Uddokta 101” later received certificates from Abu Farah Md Nasser
Brac Bank gets BB’s top SME stimulus disbursement recognition
Bangladesh Bank (BB) has recognised Brac Bank for its role in the implementation of the first phase of a Covid-19 stimulus package for cottage, micro, small and medium enterprises in financial year 2020-21. The government declared a Tk 20,000 crore stimulus package to help the enterprises recover from the pandemic’s fallouts. Brac Bank fulfilled an incremental ... Read more
Brac Bank to raise Tk 600cr thru bonds
Brac Bank has decided to raise Tk 600 crore by issuing a non-convertible bond with a view to providing home loans to the country’s lower and middle income groups. The board of the private lender took this decision at a meeting on August 26, after which it sent the proposal to the Bangladesh Securities and ... Read more
BRAC Bank launches card for farmers
A stitch in time saves nine. Some work must be done on time. Seasoned farmer Mainul Islam knows it well. It is important to sow seeds, ensure irritation, fertiliser, pesticide and weeding just in right time, according to him. But Islam who lives in Jhenaidah ended up with poor harvest every season as he could ... Read more
BRAC Bank launches credit card for online forex payment
BRAC Bank has launched a special credit card for online foreign exchange payment for specific business purposes such as domain purchase, server hosting and software licence purchase for IT businesspeople. The ‘BASIS-BRAC Bank co-branded credit card’ will be issued only to the members of Bangladesh Association of Software and Information Services (BASIS). The VISA card ... Read more
BRAC Bank launches mobile banking service
BRAC Bank introduced a complete mobile financial service yesterday with assistance from its subsidiary company bKash Ltd. Now mobile phones will be used as bank accounts and they will also serve as wallet for transaction of money. BRAC Bank said customers will be able to receive electronic money into their bKash accounts
BRAC Bank to touch millions through mobile financial service
BRAC Bank steps into 11th year BRAC Bank to touch millions through mobile financial service BRAC Bank, one of the leading private banks of the country, at a press conference disclosed that millions of banked and unbanked people of the country will get access to banking services through mobile phones from subsidiary of BRAC Bank, ... Read more
Brac Bank comes in aid of Hena’s family
Fatwa accused Idris remanded The Brac Bank has come forward to donate Tk 1 lakh to the family of Hena Akter, the girl whipped to death in Shariatpur last month, following a report published in The Daily Star on February 11 headlined “Double Blow for family”. Hena’s father Darbesh Kha, a day labourer, borrowed Tk ... Read more