BRAC Bank

BRAC Bank Limited, one of the leading commercial banks in Bangladesh, was established in 2001 with the goal of providing efficient and accessible banking services, especially targeting small and medium-sized enterprises (SMEs). It is a subsidiary of BRAC, one of the largest non-governmental organizations in the world, which is known for its extensive work in poverty alleviation and development. The bank’s inception was a part of BRAC's broader mission to contribute to the economic development of Bangladesh by fostering financial inclusion and supporting the growth of SMEs, which are essential to the nation's economy.

Since its establishment, BRAC Bank has made remarkable strides in offering a wide range of services, including retail banking, corporate banking, and SME banking. The bank is particularly well-regarded for its innovative approach to digital banking, consistently introducing new technologies to enhance customer experience. BRAC Bank has played a significant role in expanding access to financial services across the country, especially in rural areas, by developing a robust network of branches, ATMs, and agent banking outlets. This has made banking more accessible to millions who previously had limited or no access to formal banking services.

One of the key pillars of BRAC Bank's strategy has been its focus on supporting the growth of SMEs, which are crucial for economic growth and job creation in Bangladesh. The bank offers various financial products tailored to the needs of small businesses, including working capital loans, trade finance, and equipment financing. This commitment has earned BRAC Bank a reputation for being a strong supporter of entrepreneurship and economic empowerment at the grassroots level.

Additionally, the bank provides a full suite of personal banking services, such as savings and checking accounts, personal loans, credit cards, and investment products. The bank has also established a strong presence in corporate banking, offering services like corporate loans, treasury management, and trade services. Its commitment to digitalization is further exemplified by its user-friendly mobile banking and online platforms, which allow customers to manage their finances remotely and conveniently.

BRAC Bank has established itself as a key player in Bangladesh's banking sector, with a strong emphasis on financial inclusion, digital innovation, and support for SMEs. Through its diverse services and customer-centric approach, it has not only contributed to the growth of the banking industry but has also helped empower individuals and businesses across Bangladesh. The bank’s long-standing commitment to its social objectives, supported by the strength of the BRAC group, continues to shape its success and impact on the nation's economy.

Registered Name	BRAC Bank PLC
Legal Status	Public Limited Company
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Established	2001
Type	Private Bank
Category	Commercial Bank
Origin	Local Bank
Services	SME Banking Retails Banking Card Service (Credit & Debit) Foreign Exchange & Related Services Wholesale Banking & Custodial Service Probashi Banking
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Corporate Address	1 Gulshan Avenue, Circle 1, Gulshan, Dhaka 1212, Bangladesh.
Telephone	+880 2 8859202, Call Center 16221
Fax	+880 2 9860395
Call Center	16221, +880 96 11223344
E-mail Address	enquiry@bracbank.com
Website	www.bracbank.com
SWIFT Code	BRAKBDDH
Code	060
Stock Code	BRACBANK - DSE CSE
Service Hours	Sunday: 10:00 am - 4:00 pm Monday: 10:00 am - 4:00 pm Tuesday: 10:00 am - 4:00 pm Wednesday: 10:00 am - 4:00 pm Thursday: 10:00 am - 4:00 pm Friday: Closed Saturday: Closed
Rate this Bank	Rating 2.7, based on 815 votes.