Monday, April 15, 2024

BRAC Bank partners with BGBA on an apparel show in New York

Business Desk : 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 holds fire safety awareness sessions during Fire Service Week

Business Desk : 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 : 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 : 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 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 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

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 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