BRAC Bank branches achieve Tk 100 billion deposit growth in 10 months

BRAC Bank's Branch Network has achieved a tremendous feat by making a net deposit growth of Tk 100 billion (10,000 crore) within the first 10 months of 2024, from January to October.

This impressive growth comes despite a challenging economic environment, showcasing the bank’s strong market presence and customer trust, according to a media release. 

To celebrate this achievement, a special "10 on 10" event was held on November 17, 2024, at the BRAC Bank Head Office in Dhaka.

The event was graced by Selim R. F. Hussain, Managing Director & CEO, and Sheikh Mohammad Ashfaque, Deputy Managing Director & Head of Branch Distribution Network, and other Senior Management Members of the bank.

The event was also attended by A. K. M. Tareq, Senior Zonal Head for North, and Taher Hasan Al Mamun, Senior Zonal Head for South, along with Regional Heads, Cluster Heads, and Branch Managers from across the network.

Commenting on the achievement, Selim R. F. Hussain said, “Strong customer engagement and relationships have been at the heart of our success in mobilizing customer deposits. Continuous efforts to expand our branch network, enhance customer services, and provide cutting-edge digital banking solutions have driven this growth. We are confident this momentum will propel us towards greater success in the coming years.”