BRAC Bank PLC
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).
| Company type | Public limited company |
|---|---|
Traded as | DSE: BRACBANK CSE: BRACBANK |
| Industry | Financial services Banking |
| Founded | 4 July 2001 |
| Founder | Fazle Hasan Abed |
| Headquarters | Anik Tower, 220/B Tejgaon Gulshan Link Road, Tejgaon, Dhaka-1208 Dhaka, Bangladesh |
Number of locations | 187 branches |
Key people |
|
| Revenue | ৳28.727 billion (US$270 million) (2020) |
| ৳6.81 billion (US$63 million) (2021) | |
Net income | ৳5.46 billion (US$51 million) (2021) |
| Total assets | ৳527.91 billion (US$4.9 billion) (2021) |
| Total equity | ৳76.95 billion (US$720 million) (2021) |
Number of employees | 7740 (2020) |
| Parent | BRAC, IFC |
| Subsidiaries | bKash Ltd. BRAC Saajan Exchange Ltd. BRAC EPL Investments Ltd. BRAC EPL Stock Brokerage Ltd. |
| Website | bracbank.com |
| Footnotes / references | |
The bank has a network of over 187 branches, 457 SME unit offices, and over 329 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.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.