ENTITY
BRAC Bank Ltd

BRAC Bank Ltd (BRAC BD)

3
Analysis
Financials • Bangladesh
BRAC Bank Limited provides various commercial banking products and services in Bangladesh. The company offers retail, wholesale, small and medium enterprises (SME), and Probashi banking products and services. It provides various deposit products, such as current accounts, fixed deposits, SME deposits, savings accounts, and term deposits. The company also offers loan portfolio comprising personal loans, auto loans, home loans, and secured loans/overdrafts. In addition, its loan products include overdrafts, short term loans, lease finance, loan against trust receipts, work order finance, emerging business, syndication, term loans, project finance, bill purchase, and bank guarantees; trade finance products, such as letter of credit and letter of guarantee; and cash management services comprise cash and trade overview, liability products, and securities services. Further, the company provides custodial services; investment products; and remittance info services. Additionally, it offers stock brokerage services; and investment banking services, including merchant banking activities, such as issue management, corporate advisory, corporate finance, underwriting, and portfolio management services. The company also provides credit cards, debit cards, and prepaid cards; foreign exchange and related services, such as travel and education related services; ATM services; locker services; and e-commerce, Internet and phone banking, call center, SMS banking, and security message services. It operates approximately 106 branches, 69 SME service centers, 479 unit offices of SME, and 100 zonal offices. BRAC Bank Limited was incorporated in 1999 and is based in Dhaka, Bangladesh.
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