BRAC Bank PLC
DDSE:BRACBANK67.80
BDT
+1.50
(+2.26%)
ISIN
BD0138BRACB9
Return %
Stock
S&P 500
1Y
17.42
14.20
3Y
169.52
81.12
5Y
143.99
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Tareq Refat Ullah Khan
- Full Time Employees
- 10,308
- Sector
- Finance
- Industry
- Regional banks
- Address
- Dhaka Bangladesh
- IPO Date
- Nov 12, 2006
- Website
- bracbank.com
- Similar Companies
- Business
- BRAC Bank PLC is a Bangladesh-based commercial banking institution providing retail banking, small and medium enterprise (SME) financing, corporate and institutional banking, treasury solutions, and digital financial services to individual, commercial, and institutional clients. Founded in 1999 and commencing operations in 2001, the bank is headquartered in Dhaka, Bangladesh, and operates as an affiliated entity of the international non-governmental development organization BRAC. The company offers a comprehensive portfolio of financial products and services, including deposit solutions comprising savings accounts, current accounts, fixed-term deposits, and foreign currency deposits; SME financing facilities such as working capital financing, term loans, trade credit, and asset-backed credit lines; retail lending products including mortgages, auto loans, personal loans, and credit cards; segmented customer solutions including TARA women's banking and Agami student banking; digital and institutional banking channels such as the Astha mobile application and the CORPnet internet banking portal; treasury operations involving foreign exchange dealing, money market instruments, government securities, and asset-liability management; and capital market and remittance services through subsidiaries including mobile financial services operator bKash Limited, BRAC EPL Stock Brokerage Limited, BRAC EPL Investments Limited, and BRAC Saajan Exchange Limited. In recent operational and strategic developments, the bank rebranded its corporate banking operations to the Corporate and Institutional Banking Division to support enhanced transaction banking, scaled its digital retail base on the Astha platform beyond 1.2 million users, and integrated digital payment collection services for the Dhaka South City Corporation. Furthermore, the institution secured participation in Bangladesh Bank's CMSME refinance fund, arranged strategic MSME and agricultural financing initiatives in collaboration with the International Finance Corporation, and formed commercial partnerships with The Structural Engineers Limited and Fair Technology to expand home loan and vehicle financing distribution.