At a Glance
BRAC Bank is a performance-driven organization, where its values are at the core of every activity.
BRAC Bank PLC 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.
It is the only member of the Global Alliance for Banking on Values (GABV) from Bangladesh. GABV comprises 70 financial institutions of 45 countries 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 as of June 2024
BDT 5,190 Mn
PROFIT AFTER TAX
BDT 588,280 Mn
TOTAL DEPOSITS
BDT 559,348 Mn
TOTAL LOANS & ADVANCES
BDT 38.42
NET ASSET VALUE (NAV)
PER SHARE
BDT 2.93
EARNINGS PER SHARE
(EPS)
BDT 31.80
NET OPERATING CASH
FLOW PER SHARE (NOCFPS)
15.75%
RETURN ON EQUITY (ROE)
1.34%
RETURN ON ASSETS (ROA)
BDT 60,701 Mn
MARKET CAPITALIZATION
14.18%
CAPITAL TO RISK-
WEIGHTED ASSET RATIO
2.91%
NON-PERFORMING LOANS
(NPL)
135%
NPL COVERAGE RATIO
(INCL. GP)
AAA
Credit Rating Agency of
Bangladesh (CRAB)
AAA
Emerging Credit Rating Ltd
(ECRL)
B+
S&P GLOBAL RATINGS
B2
MOODY'S INVESTORS
SERVICE
329
ATMs
68
RCDMs
55
CRMs
189
BRANCHES
74
SUB-BRANCHES
1114
AGENT BANKING OUTLETS
446
SME UNIT OFFICES
N.B.: Information is as of June 30, 2024 as per Half-yearly unaudited Financial Statements.
BRAC Bank has become the first Bangladeshi Bank to be rated the best by the top domestic credit rating agencies in Bangladesh (CRAB: AAA/ST-1, and Emerging Credit Rating: AAA+/ ST-1) and two of the world's leading credit rating agencies (S&P Global Ratings: B+ and Moody's Investor Service: B1) – portraying quality portfolio, higher capital base, stability and steady growth trends.

Corporate Vision, Mission & Values
CORPORATE VISION
Corporate Mission
Achievements and Recognitions
Board of Directors

Meheriar M Hasan , Chairperson

FARUQ MAYEENUDDIN AHMED , Vice Chairperson

Asif Saleh , Nominated Director

Farzana Ahmed , Independent Director

Dr. Zahid Hussain , Independent Director

Salek Ahmed Abul Masrur , INDEPENDENT DIRECTOR

Ms. Anita Ghazi Rahman , INDEPENDENT DIRECTOR

Chowdhury MAQ Sarwar , INDEPENDENT DIRECTOR

Ms. Lila Rashid , INDEPENDENT DIRECTOR

Selim R. F. Hussain , Managing Director & CEO
Management Committee

Selim R. F. Hussain
Managing Director & CEO

M Masud Rana FCA
Deputy Managing Director & CFO

Md Sabbir Hossain
Deputy Managing Director and COO

Syed Abdul Momen
DEPUTY MANAGING DIRECTOR AND HEAD OF SME

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

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

Md. Mahiul Islam
Deputy Managing Director & Head of Retail Banking

Ahmed Rashid Joy
Deputy Managing Director and Chief Risk Officer

Chowdhury Moinul Islam
Deputy Managing Director and CAMLCO

Sheikh Mohammad Ashfaque
Deputy Managing Director & Head of Branches

Nazmur Rahim
Head of Alternate Banking Channels

M Sarwar Ahmed
Head of Internal Control and Compliance

Muniruzzaman Molla
Head of Operations

Akhteruddin Mahmood
Head of HR

Nurun Nahar Begum
Chief Technology Officer

BRIGADIER GENERAL MD. AMIN AKBAR (RETD.)
HEAD OF GENERAL SERVICES

Barrister Rasheed Ahmed
Head of Legal and Recovery

Md. Mokerrobin Mannan
Chief Digital Officer

Ekram Kabir
Head of Communications

Indraneel Chattopadhyay
Chief Marketing Officer
Proud member of

Thu, Feb 6, 2025 10:09 AM
Currency | Buying | Selling |
---|---|---|
USD | 122.0000 | 122.0000 |
EUR | 125.7311 | 126.7824 |
GBP | 151.1411 | 152.4756 |