BRAC Bank Limited is one of the most prominent private commercial banks in Bangladesh. It was established on July 4, 2001, by the late Sir Fazle Hasan Abed, the founder of BRAC, with a vision to bring inclusive banking services to the underserved population of the country. From its inception, BRAC Bank focused on serving Small and Medium Enterprises (SMEs), a sector that was largely ignored by traditional banks at the time. Over the years, the bank has transformed into a full-fledged financial institution offering retail, SME, and corporate banking services, while remaining committed to innovation, digital banking, and customer satisfaction. Headquartered at Anik Tower, Tejgaon-Gulshan Link Road in Dhaka, BRAC Bank has become a symbol of responsible banking and sustainable growth in the financial sector of Bangladesh.
BRAC Bank has built an extensive physical and digital network across the country. As of 2024, the bank operates with more than 187 branches, 457 SME unit offices, and over 450 ATMs. It employs more than 8,000 people and serves millions of customers through multiple channels, including physical branches, contact centers, mobile apps, and online banking. With its innovative banking products and customer-first approach, BRAC Bank has significantly contributed to increasing financial inclusion in Bangladesh, especially for rural and small business communities.
One of the most defining features of BRAC Bank is its unwavering focus on SME banking. Nearly 50% of its loan portfolio is dedicated to SMEs, making it the largest SME-focused bank in the country. This focus has helped thousands of entrepreneurs grow their businesses and contribute to the national economy. BRAC Bank is also at the forefront of digital transformation in the banking sector. Through its flagship mobile banking platform—Astha App—customers can perform a wide range of transactions including fund transfers, utility bill payments, QR code payments, and account management with just a few taps on their phone.
BRAC Bank owns and operates several important subsidiaries including bKash Limited, one of the world’s largest mobile financial service providers; BRAC EPL Investments Ltd. for merchant banking and capital market services; BRAC EPL Stock Brokerage Ltd. for retail and institutional stock trading; and BRAC SAAJAN Exchange Ltd., based in the UK, for remittance and foreign exchange services.
The bank has been recognized for its excellence by numerous global institutions. In 2023, it was named the Best Bank for SMEs in Bangladesh by Asiamoney. Previously, it won the Best Digital Bank award from Euromoney and received the ICMAB Gold Award for corporate governance and financial reporting in the banking sector.
BRAC Bank offers a comprehensive range of financial services tailored to meet the needs of individuals, businesses, and corporations. The retail banking division includes products such as savings accounts, current accounts, debit and credit cards, personal loans, home loans, auto loans, fixed deposits, and deposit pension schemes (DPS). These products are designed to make banking easier, more flexible, and accessible to all segments of the population.
The bank is widely recognized as the market leader in SME banking. Its SME division supports small and medium-sized enterprises through various credit facilities including term loans, overdraft facilities, and specially designed business loans for women entrepreneurs. BRAC Bank has a unique outreach model that brings banking services directly to entrepreneurs across urban and rural Bangladesh.
On the corporate side, BRAC Bank delivers a full suite of services including trade finance, working capital loans, project finance, treasury solutions, and cash management. It maintains strong relationships with local and international corporate clients and has a reputation for delivering tailored financial solutions efficiently.
For more information and to access banking services, please visit the following:
🌐 Official Website: https://www.bracbank.com
📱 Astha Mobile App: Astha by BRAC Bank
👩💼 Careers at BRAC Bank: Join the Team
