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. Close to half of the bank's lending portfolio is comprised 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 66 financial institutions operating in countries across Asia, Africa, Australia, Latin America, North America and Europe - serving more than 60 million customers, holding up to USD 200 billion of combined assets under management and powered by a network of 80,000 co-workers.

BRAC Bank shares the 3P Philosophy – People, Planet and Prosperity 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 5,547 M

Profit After Tax
(STANDALONE)





BDT 314,599 M

TOTAL DEPOSITS





BDT 321,212 M

TOTAL LOANS & ADVANCES






BDT 3.98

EARNINGS PER SHARE





11.00%

RETURN ON EQUITY (RoE)





1.31%

RETURN ON ASSETS (RoA)






BDT 39.09

NET ASSET VALUE (NAV) PER SHARE





BDT 76,987 M

MARKET CAPITALIZATION


187

BRANCHES


705

AGENT BANKING OUTLETS


456

SME UNIT OFFICES



373

ATMs


93

CDMs


B+

S&P GLOBAL RATINGS


Ba3

MOODY'S INVESTORS SERVICE





3.90%

NON-PERFORMING LOANS


N.B.: Information is as of December 31, 2021 as per Annual Report 2021.



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

Building a profitable and socially responsible financial institution focused on market and business with growth potential, thereby assisting BRAC and its stakeholders to build a just, enlightened, healthy democratic and poverty free Bangladesh.

Corporate Mission

  • Sustainable growth in Small & Medium Enterprise sector;
  • Continuous low-cost deposit Growth with controlled growth in retail assets;
  • Corporate Assets to be funded through self-liability mobilization;
  • Growth in Assets through syndications and investment in faster growing sectors;
  • Continuous endeavor to increase non-funded income;
  • Keep our debt charges at 2% to maintain a steady profitable growth
  • Achieve efficient synergies between the bank's branches, SME unit offices and BRAC field offices for delivery of remittance and the bank's other products and services;
  • Manage various lines of business in a full controlled environment with no compromise compliance and on service quality;
  • Keep a diverse, far flung team fully motivated and driven towards materializing the bank's vision into reality

Achievements and Recognitions

  • US$ 1 billion market capitalization in the capital market
  • Asiamoney's “Best Bank for SMEs” 2017
  • SAFA Awards for the Best Presented Annual Report 2016
  • ICMAB Best Corporate Awards 2016
  • ICAB Best Published Annual Reports 2016 Awards for Private Sector Banks
  • Asian Development Bank's “Most Progressive Bank on Gender Strategy and Implementation 2017”
  • Women's Market Champion Award from the Global Banking Alliance for Women (GBA)
  • ISO Certification in Information Security

Shareholding Structure

SL. No. Name Status (Sponsor/Promoter/ Director) No. of shares held as on 15.03.2022 % Paid-up Shares
1 BRAC Sponsor 642,696,863 46.165
2 Late Sir Fazle Hasan Abed, KCMG Sponsor 13,667 0.001
3 Late A. S. Mahmud Sponsor 11,431 0.001
4 Late Faruq A. Choudhury Sponsor 11,431 0.001
5 Dr. Saleh Uddin Ahmed Sponsor 9,392 0.001
6 Dr. Ahsan H. Mansur (Chairman) Independent Director Nil Nil
7 Mr. Asif Saleh (Nominated by BRAC) Nominated Director 31,000 0.002
8 Ms. Fahima Choudhury Independent Director Nil Nil
9 Ms. Farzana Ahmed Independent Director Nil Nil
10 Dr. Zahid Hussain Independent Director Nil Nil
11 Mr. Meheriar M Hasan (Nominated by BRAC) Nominated Director Nil Nil
12 Mr. Shameran Bahar Abed (Nominated by BRAC) Nominated Director 997,500 0.071
13 Dr. Mustafa Kamal Mujeri Independent Director Nil Nil
14 Mr. Faruq Mayeenuddin Ahmed Independent Director Nil Nil
15 Mr. Salek Ahmed Abul Masrur Independent Director Nil Nil
16 General public Other than sponsor/Director 748,401,115 53.758
Total shares 1,392,172,399 100%

Board of Directors

Dr. Ahsan H. Mansur , Chairman

Asif Saleh , Nominated Director

Fahima Choudhury , Independent Director

Farzana Ahmed , Independent Director

Dr. Zahid Hussain , Independent Director

Meheriar M Hasan , Nominated Director

Shameran Abed , Nominated Director

Dr. MUSTAFA K. MUJERI , INDEPENDENT DIRECTOR

FARUQ MAYEENUDDIN AHMED , INDEPENDENT DIRECTOR

Salek Ahmed Abul Masrur , INDEPENDENT DIRECTOR

Selim R. F. Hussain , Managing Director & CEO

Management Committee

Selim R. F. Hussain
Managing Director & CEO

Md Sabbir Hossain
Deputy Managing Director and COO

Mohammod Masud Rana FCA
Deputy Managing Director and CFO

Tareq Refat Ullah Khan
Deputy Managing Director and Head of Corporate Banking

Chowdhury Moinul Islam
Deputy Managing Director and CAMLCO

Syed Abdul Momen
Deputy Managing Director and Head of SME

Md. Shaheen Iqbal, CFA
DEPUTY MANAGING DIRECTOR AND HEAD OF TREASURY & FINANCIAL INSTITUTIONS

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

M Sarwar Ahmed
Head of Internal Control and Compliance

Nazmur Rahim
Head of Alternate Banking Channels

Ahmed Rashid Joy
Head of Credit Risk Management (CRM)

Md. Mahiul Islam
Head of Retail Banking

Muniruzzaman Molla
Head of Operations

Akhteruddin Mahmood
Head of HR

Ekram Kabir
Head of Communications

Sheikh Mohammad Ashfaque
Head of Branches

Barrister Rasheed Ahmed
Head of Legal and Recovery

Nurun Nahar Begum
Chief Technology Officer

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