Bangladesh
3 hours ago

BRAC Bank's CORPnet sees 43pc transaction growth

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BRAC Bank's corporate digital platform, CORPnet, processed transactions worth more than Tk 2,273 billion through 8 million digital transactions in 2025, reflecting a sharp rise in digital adoption among businesses, according to a press release.

The platform recorded a 43 per cent year-on-year growth in transaction volume and a 38 per cent increase in transaction count, indicating growing reliance on digital banking solutions across Bangladesh's corporate sector.

Nearly 2,500 businesses are now onboarded on the platform, with more than 900 new corporate clients added in 2025 alone. CORPnet maintains an active client rate of 65 per cent, meaning almost two-thirds of onboarded businesses use it regularly for daily banking operations.

The platform enables enterprises to manage payments, collections, reporting, and service requests online, offering 24/7 access and approvals. Its integration capabilities-through host-to-host connectivity and APIs-allow businesses to link banking operations directly with enterprise resource planning (ERP) systems.

CORPnet also offers real-time visibility into cash positions, helping firms optimise fund management with greater efficiency and transparency.

To ensure security and governance, the platform features multi-level authorisation, end-to-end encryption, multi-factor authentication, and instant transaction alerts. It also supports automated payroll processing, bulk payments, government bill payments, and digital instruments such as A4 cheques and pay orders.

In 2025, 85 per cent of total transactions by count were processed digitally, underscoring strong adoption among corporate users.

CORPnet serves a wide range of sectors, including telecommunications, pharmaceuticals, FMCG, education, healthcare, NGOs, embassies, shipping lines, airlines, and multinational corporations, supporting high-volume payments, real-time collections, and large-scale payroll operations.

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