Bank Limited began with a vision to take banking solutions to the mass,
informal suburban entrepreneurial initiatives. More than half of BRAC Bank’s
lending is for the small and medium enterprises – popularly known as SMEs.
2001 BRAC Bank began its journey unlike any other conventional bank. The
visionaries of the bank realized that the previously neglected Small and Medium
Enterprises (SME) sector played a significant role in generating growth and
creating employment in the country. Over the previous decades, traditional
banks were reluctant to invest in this sector. At a time when it was almost
impossible for the SME entrepreneurs to receive financing from the banking
sector in Bangladesh, BRAC Bank stepped forward to help these unbanked SME
entrepreneurs and continues to provide financial support to them to this day.
Bank is a performance driven organization, where its values lie at the core of
every activity. It is the sole member of Global Alliance for Banking on Values
(GABV) from Bangladesh. The Global Alliance comprises of 40 financial
institutions operating in countries across Asia, Africa, Australia, Latin
America, North America and Europe; serving 20 million customers; holding up to
USD 100 billion of combined assets under management; and powered by a network
of 30,000 co-workers. BRAC Bank shares
the 3P Philosophy – People, Planet and Profit with the other partners of GABV.
BRAC BANK believes that they have a responsibility towards the people the bank
work with and the places the bank operates in. As a mission-driven bank, BRAC
Bank prefers to work for the welfare of our people and society.
the bank has grown into a dominant player in the industry with 181 branches, 14
Premium Banking Lounges, 469 ATMs, 81 CDMs and 448 SME Unit Offices all across
the country. BRAC Bank caters to SME, Retail and Wholesale Banking solutions.
the years, BRAC Bank has emerged as the market leader in SME business. Since
its inception, it disbursed more than BDT 350,000 million to the SME borrowers
all across the country and thus played a pivotal role in overall socio economic
development. However, over recent times, the focus has increased on Retail and
Corporate businesses as well to cater to the full set of the banking needs of
potential markets as well as to diversify the portfolio. Having laid this
strong foundation on the trust and confidence of more than 1.5 million
customers, BRAC Bank is speeding ahead to become The Best Bank in the country in the coming
Bank Limited’s subsidiary bKash has become a household name in mobile banking
industry. With its presence in each and every village of the country, bKash now
serves more than 25 million customers with about 100,000 agents all over the
bank is now ISO 27001:2013 Certified and the 1st local bank with this
certification and a pioneer in the financial sector with this achievement
having fulfilled the regulatory mandate. ISO 27001 is the international
standard for Information Security Management and formally specifies management
system that is intended to bring information security under explicit management
control. Accredited certification to ISO 27001 demonstrates to existing and potential
customers that our bank has a defined focus on the best-practice information
security processes. ISO 27001 is invaluable for monitoring, reviewing,
maintaining and improving information security management system and will give
stakeholders greater confidence in the way they interact with our business.