BRAC Bank
BRAC Bank was founded to support small and medium enterprises, including business owners who are ready to take the next step up from microfinance. Since 2001, we have disbursed more than $5 billion to over 650,000 small and medium enterprises across the country, and have become one of Bangladesh’s leading commercial banks.
A trusted leader in inclusive and responsible banking
We provide a full range of financial services, including retail and enterprise loans, deposits, agent banking, and women-focused programs. We have the country’s highest domestic and global credit ratings, recorded the highest-ever net profit among local banks in 2024, and now hold the largest market capitalization in the sector. Small and medium enterprise loans still make up 41% of our portfolio.
Digital financial inclusion through bKash
bKash, a subsidiary of BRAC Bank, is Bangladesh’s largest mobile financial service provider, reaching 70 million people through mobile phones and an agent network. In 2021, bKash became Bangladesh’s first unicorn, valued at $2 billion.
-
How does BRAC Bank achieve outstanding deposit growth?
BRAC Bank PLC has achieved impressive deposit growth, recording a 35% compound annual growth rate over the past three years-significantly outperforming the industry average of 7.5%.
Managing approximately one million monthly footfalls presents a significant operational challenge. With around 40,000 new accounts being opened each month, continuous innovation is essential. -Sheikh Mohammad Ashfaque, deputy managing director & head of branches distribution network
-
BEST FINANCIAL INSTITUTION OF THE YEAR: Drawing strength from values
Although the banking sector in Bangladesh is facing multiple challenges, including an alarming amount of bad loans, BRAC Bank has been able to strengthen its financial health by keeping its values at the core of every activity.
BRAC Bank has been able to set itself apart from other banks as the lender's values in terms of governance, compliance, ethics, transparency and sustainability are key to how it does business. -The Daily Star
-
Instilling BRAC values: An exclusive field exposure for BRAC Bank new joiners
BRAC Bank, in collaboration with BRAC, has institutionalised a structured exposure visit programme for all new recruits, integrating field-level learning into its employee onboarding process.
Field visits help coworkers understand how the bank’s financial services intersect with BRAC’s broader mission to uplift underserved communities. The BRAC Bank coworkers obtain a more informed and holistic view of Bangladesh’s development landscape and BRAC’s role within it. -The Financial Express
