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BRAC Bank PLC

  • BRAC Bank PLC, Anik Tower, 220/B, Tejgaon-Gulshan Link Road, Tejgaon, Dhaka-1208 View on Map

Overview

  • Founded Date January 1, 2001
  • Sectors Accounting / Finance
  • Posted Jobs 2
  • Viewed 26
  • Founded Since  2001
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Company Description

Founded in 2001 with the vision of serving the ‘unbanked’ small and medium entrepreneurs, BRAC Bank drew inspiration from its parent organization BRAC – the world’s largest NGO. Breaking away from the conventions of traditional banking, the bank pioneered small-ticket loans for the SME sector, bringing grassroots entrepreneurs into the formal banking system. Today, close to half of the bank’s lending portfolio is dedicated to SMEs, cementing its role as a catalyst for inclusive economic growth.

From the outset, BRAC Bank recognized the SME sector’s untapped potential in driving growth and creating employment. At a time when financing for these enterprises was virtually inaccessible in Bangladesh, the bank stepped in to fill the gap, transforming lives and livelihoods across the country.

BRAC Bank is the only Bangladeshi member of the Global Alliance for Banking on Values (GABV) – a network of 70 financial institutions across 45 countries in Asia, Africa, Australia, Latin America, North America and Europe. Collectively, GABV members serve more than 60 million customers, manage USD 200 billion in assets, and employ over 80,000 people worldwide.

Guided by the 3P Philosophy – People, Planet, and Prosperity – BRAC Bank embraces its responsibility towards the communities it serves and the environment it operates in. As a mission-driven bank, it remains committed to advancing the welfare of people and society while delivering sustainable financial solutions.

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