BankHeadOffice.com

        Bank Head Office Worldwide

 

Loan Calculators
Mortgage Guides
Banking FAQs
Banking Institutions
Central Banks Worldwide

 

 

 
 
 
Home  »  Bangladesh Bank  »  BRAC Bank

BRAC Bank Logo

BRAC Bank
 

BRAC Bank Limited is one of the leading private bank in Bangladesh. BRAC Bank has received the commerical banking license from Bangladesh Bank in 2001. Since then it has established its name and branding with its quality of service and products. In a very short time BRAC Bank became one of the successful and fastest growing private bank in Bangladesh. BRAC Bank is owned partially by BRAC, the largest non-government organization in the world, International Finance Corporation (IFC), the private sector arm of The World Bank Group, and ShoreCap International.

The head office of the bank is situated at Gulshan, Dhaka. BRAC Bank operating its business in whole Bangladesh. BRAC Bank is expanding its branch network rapidly through out the country. Currently, BRAC Bank has 100 Branches, 60 SME Service Centers, 3 SME/Krishi Branches, more than 300 ATMs and 424 SME Unit offices across the country.

 
 

It has disbursed over BDT10,000 crores of SME loan and has over 500,000 individual customers who access online banking facilities. Its services cuts across all strata of clientele, be it corporate, retail or SME. BRAC Bank provide all sort of banking service to the mass people of Bangladesh. Among them, BRAC Bank is well known for its SME Banking in Bangladesh.  BRAC Bank has a variety of retail banking products for consumers including Loans, Deposit Schemes, Accounts Service, Cards, Other Services. BRAC bank has recently started e-commerce banking through their e-commerce gateway. BRAC Bank also provides VISA local and international credit and debit cards to their consumers.

 

Search other banks in Bangladesh

Dhaka Skyline
BRAC Bank
Category : Local Private Commercial Bank
SWIFT Code : BRAKBDDH

Address :
1 Gulshan Avenue
Gulshan
Dhaka 1212
Bangladesh

Telephone : +880 2 885 9202
Facsimile  : +880 2 986 0395
Website :  www.bracbank.com
 

Besides commercial banking, which includes deposit taking, the provision of cheque services and lending, BRAC Bank may also carry on any other business which is regulated or authorized by Bangladesh Bank, including financial advisory services, trade finance, short term investing and short-term foreign exchange.
 

 

Bangladesh Bank, as the central bank, has legal authority to supervise and regulate all banks and non-bank financial institutions. Bank Company Act, 1991, empowers Bangladesh Bank to issue licenses to carry out banking business in Bangladesh. Given some broad policy goals and objectives, it formulates and implements monetary policy, manages foreign exchange reserves and lays down prudential regulations and conduct monitoring thereof as they apply to the entire banking system. The Bangladesh Bank has the power to impose penalties for non-compliance and also to intervene in the management of a bank if serious problem arise. It also has the delegated authority of issuing policy directives regarding the foreign exchange regime.

DISCLAIMER
The content comes from Internet, reasonable efforts are made to maintain accuracy of information published.
However, information could contain errors or inaccuracies and is presented without warranty and statutory means.
Viewers are advised to consult their banker or financial consultant for complete information and their professional advise.
No liability is assumed for errors or omissions. All trademarks, logos, brand names and copyrights are the property of their respective owners.

© 2011 - 2014 BankHeadOffice.com ® All Rights Reserved