BRAC Bank

BRAC Bank PLC.
Company typePublic limited company
DSE: BRACBANK
CSE: BRACBANK
IndustryFinancial services
Banking
Founded4 July 2001 (2001-07-04)
FounderFazle Hasan Abed
HeadquartersAnik Tower, 220/B Tejgaon Gulshan Link Road, Tejgaon, Dhaka-1208
Dhaka, Bangladesh
Number of locations
190 Branch
Key people
Revenue 28.727 billion (US$240 million) (2020)
6.81 billion (US$56 million) (2021)
5.46 billion (US$45 million) (2021)
Total assets 527.91 billion (US$4.3 billion) (2021)
Total equity 76.95 billion (US$630 million) (2021)
Number of employees
7740 (2020)
ParentBRAC, IFC
SubsidiariesbKash Ltd.
BRAC Saajan Exchange Ltd.
BRAC EPL Investments Ltd.
BRAC EPL Stock Brokerage Ltd.
Websitebracbank.com
Footnotes / references

BRAC Bank PLC is a private commercial bank in Bangladesh, founded in 2001. The bank is a subsidiary of BRAC, a leading development organization in the country. BRAC Bank is known for its focus on small and medium-sized enterprises (SMEs).

The bank has a network of over 190 branch, 80 sub branch, 446 SME unit offices, and over 385 ATMs, 10 CDMs, 68 RCDMs across the country. In addition to traditional banking services such as deposits, loans, and card, BRAC Bank also offers digital banking, including online banking, mobile banking, and e-wallet services.