At a Glance
BRAC Bank is a performance-driven organization, where its values are at the core of every activity.
BRAC Bank Limited began with the vision to provide banking solutions to the ‘unbanked’ Small and Medium Entrepreneurs. Taking inspiration from its parent organization BRAC, the largest NGO in the world, BRAC Bank introduced small ticket loans to the small and medium enterprises (SME), to specifically bring the grassroots entrepreneurs under the umbrella of formal banking service. Approximately half of BRAC Bank’s lending portfolio comprises of small and medium enterprises – popularly known as the ‘SME’.
In 2001 BRAC Bank did not start its journey like any other conventional bank. The visionaries who led the bank realized that the previously neglected Small and Medium Enterprises (SME) sector plays significant role in generating growth and creating employment in the country. Over the past few decades, traditional banks were reluctant to invest in this sector. At a time when it was almost impossible for the SME entrepreneurs to get financing from the banking sector in Bangladesh, BRAC Bank stepped forward and came to finance these unbanked SME entrepreneurs.
BRAC Bank is a performance driven dynamic organization, where its values founded at the core of each and every activity as pillars. It is the only member of the Global Alliance for Banking on Values (GABV) from Bangladesh. The Global Alliance comprises of 48 (as of May 2018) financial institutions operating in countries across Asia, Africa, Australia, Latin America, North America and Europe - serving more than 41 million customers, holding up to USD 127 billion of combined assets under management and powered by a network of 48,000 co-workers.
BRAC Bank shares the 3P Philosophy – People, Planet and Profit with the other partners of GABV. We believe that we have responsibility towards the people we work with and the places we operate in. As a mission-driven bank, we prefer to work for the welfare of our people and society.
BRAC Bank today !
BDT 5,250 M
18%
Profit After Tax
B+
S&P Global Ratings
Ba3
Moody’s Investors Service
3.56%
Non-performing Loans
BDT 196.2 Bn
16%
Total Deposits
187
Branches
457
SME Unit Offices
447
ATMs
90
CDMs
BDT 202.6 Bn
17%
Total Loans & Advances
BRAC Bank has become the first Bangladeshi Bank to be rated the best by three of the top domestic credit rating agencies in Bangladesh (CRAB AA1/ST-1, CRISL- AA+/ ST-1 and Emerging Credit Rating- AA+/ ST-1) and two of the world’s leading credit rating agencies (S&P Global Ratings - B+ and Moody's Investor Service - Ba3) – portraying quality portfolio, higher capital base, stability and steady growth trends.

Corporate Vision, Mission & Values
CORPORATE VISION
Corporate Mission
Achievements and Recognitions
Board of Directors

Dr. Ahsan H. Mansur , Chairman

Nihad Kabir , Nominated Director

Kazi Mahmood Sattar , Independent Director

Kaiser Kabir , Nominated Director

Asif Saleh , Nominated Director

Fahima Choudhury , Independent Director

Selim R. F. Hussain , Managing Director & CEO
Management Committee

Selim R. F. Hussain
Managing Director & CEO

Chowdhury Akhtar Asif
Deputy Managing Director & CRO

Md Sabbir Hossain
Deputy Managing Director and COO

Mohammod Masud Rana FCA
Deputy Managing Director and CFO

BRIGADIER GENERAL TUSHAR KANTI CHAKMA (RETD.)
HEAD OF GENERAL SERVICES

Rais Uddin Ahmad
Company Secretary, Head of Regulatory Affairs & CAMLCO

Sarwar Ahmed
Head of Internal Control and Compliance

Tareq Refat Ullah Khan
Head of Corporate Banking

Syed Abdul Momen
Head of SME Banking

Nazmur Rahim
Head of Alternate Banking Channels

Md. Shaheen Iqbal, CFA
Head of Treasury and Financial Institutions

Ahmed Rashid Joy
Head of Credit Risk Management (CRM)

Muniruzzaman Molla
Head of Operations

Bilquis Jahan
Head of Human Resources

Shyamol B. Das
Chief Digital Officer

Mr. Wasi Noman
Chief Technology Officer

Ekram Kabir
Head of Communications
Thu, Dec 5, 2019 10:40 AM
Currency | Buying | Selling |
---|---|---|
USD | 83.9500 | 84.9500 |
EUR | 93.6727 | 96.6339 |
GBP | 110.5605 | 113.5370 |