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[🇧🇩] BRAC---The Largest NGO In The World
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BRAC Bank crosses $1 billion market value

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Photo: BRAC Bank

BRAC Bank has surpassed $1 billion in market capitalisation, becoming the only bank in Bangladesh to achieve this milestone in the capital market, the bank said in a press release.

The blue-chip issue has maintained an upward trend on both the Dhaka and Chittagong stock exchanges in recent weeks. As of 24 July, its closing price stood at Tk 68.8, well above its face value of Tk 10.

This brought BRAC Bank's market capitalisation to Tk 13,691 crore on 24 July, the last trading day of the previous week, as the lender has 199 crore listed shares.

"This milestone reflects the trust of our shareholders and customers," said Tareq Refat Ullah Khan, Managing Director and CEO (current charge).

"It is a testament to our strong governance, prudent financial management, and commitment to sustainable growth. We remain focused on enhancing shareholder value," he added.

Of the private bank's shares, 46.17 percent are owned by sponsors and directors, while foreign investors hold 33.79 percent — the highest international shareholding among local banks, BRAC Bank said.

Local institutions and general investors hold 13.28 percent and 6.76 percent, respectively.

With an authorised capital of Tk 5,000 crore and a paid-up capital of Tk 1,991 crore, BRAC Bank has improved across all major financial metrics, including earnings per share, return on equity, return on assets, non-performing loans, and profit after tax, it said.​
 
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BRAC Bank launches ‘PRANTIK’, its in-house agent banking system

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Published :
Nov 18, 2025 20:24

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BRAC Bank has launched ‘PRANTIK’, an in-house developed agent banking system that will deliver seamless and secure banking services to customers across the most remote corners of Bangladesh, according to a press release.

Designed and built entirely by BRAC Bank’s Technology Division, ‘PRANTIK’ eliminates reliance on third-party vendors, strengthening the bank’s technological independence and operational excellence. This milestone reflects BRAC Bank’s commitment to innovation, efficiency, and digital empowerment in advancing financial inclusion.

The state-of-the-art platform offers an intuitive, user-friendly interface and enhanced security features to ensure a smooth and trusted experience, particularly for unbanked and first-time banking customers. The system enables real-time transactions and a full range of services, including deposits, withdrawals, remittance, loan and EMI payments, utility bill settlement, FDR, DPS, and SME loan disbursement.

Tareq Refat Ullah Khan, Managing Director & CEO of BRAC Bank, officially inaugurated PRANTIK at the bank’s head office on November 12, 2025. The ceremony was attended by Syed Abdul Momen, Additional Managing Director & Head of SME Banking; Md. Muniruzzaman Molla, Deputy Managing Director & Head of Operations; Chowdhury Moinul Islam, Deputy Managing Director & CAMLCO; Nazmur Rahim, Deputy Managing Director & Head of Alternate Banking Channels (ABC); and senior officials from various divisions.

Speaking at the event, Tareq Refat Ullah Khan said: “PRANTIK is a proud milestone in our digital journey - a homegrown innovation that embodies BRAC Bank’s spirit of self-reliance and service excellence. By developing this advanced platform in-house, we are ensuring that our customers in rural and remote areas can access banking services securely, efficiently, and conveniently. This initiative reflects our long-term vision to drive financial inclusion through technology while reinforcing customer trust in every transaction.”

‘PRANTIK’ integrates biometric verification and advanced digital capabilities, providing customers with 24/7 banking access while maintaining robust compliance and monitoring mechanisms.

The launch of ‘PRANTIK’ marks a major leap forward in BRAC Bank’s digital transformation journey - setting a new benchmark for secure, inclusive, and technology-driven banking in Bangladesh.​
 
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BRAC Bank partners with Infrastructure Finance Fund for SME financing

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Md Shaheen Iqbal, deputy managing director and head of wholesale banking of BRAC Bank, and SM Anisuzzaman, chief executive officer of Bangladesh Infrastructure Finance Fund Limited, pose for photographs at BRAC Bank’s head office in Dhaka on December 17. Photo: BRAC Bank PLC

BRAC Bank PLC has partnered with Bangladesh Infrastructure Finance Fund Limited (BIFFL) to expand access to affordable financing for small and medium enterprises (SMEs), with a focus on strengthening the food value chain.

Under the partnership, BRAC Bank has joined a low-cost loan programme as a participating financial institution funded by the Japan International Cooperation Agency (JICA) to support the Food Value Chain Improvement Project.

The initiative aims to enhance SME capacity in priority sectors by improving access to long-tenure financing at competitive rates, according to a press release.

The partnership agreement was signed on December 17 at BRAC Bank's head office in Dhaka, by Md Shaheen Iqbal, deputy managing director and head of wholesale banking of BRAC Bank, and SM Anisuzzaman, chief executive officer of BIFFL.

Tareq Refat Ullah Khan, managing director and CEO of BRAC Bank, Syed Abdul Momen, additional managing director and head of SME banking, Tanveer Kamal, head of structured finance, and other senior officials from both organisations were present at the ceremony.

Commenting on the partnership, Tareq Refat Ullah Khan said the collaboration reflects a shared commitment to building a more resilient and inclusive SME ecosystem.

He noted that access to affordable, long-term financing remains a critical enabler of sustainable enterprise growth, particularly for SMEs operating across the food value chain.

By leveraging BIFFL's funding structure alongside JICA's development financing, BRAC Bank will channel affordable capital to SMEs to support investment, expansion and long-term resilience in an increasingly competitive business environment.​
 
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