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BRAC Bank has opened a new sub-branch at the New Market area in Dhaka, according to a press release.
The new sub-branch at New Market City Complex in Dhaka was formally inaugurated by Meheriar M Hasan, director of BRAC Bank, on March 22, 2023.
With the bank's most modern services, this financially important area will now have access to new opportunities for both business and individual customers, added the release.
Sheikh Mohammad Ashfaque, head of branches, and senior officials of the bank's distribution network were also present.
In 2022, BRAC Bank introduced its sub-branch network as a part of its multi-channel distribution strategy to bring the best banking services to customers' doorsteps across the country.
The sub-branch operations are being run by the licence issued by Bangladesh Bank.
Customers can avail themselves of all banking services at the sub-branch, including account opening, cash deposit and withdrawal, deposit pension scheme, fund transfer using EFTN and RTGS, remittance service, utility bill, credit card, student file, consumer loan, debit card and cheque book processing, Astha App enrolment, school banking, savings instruments, and many more, except for foreign exchange services.
The sub-branch is a part of BRAC Bank's commitment to reaching out to more people and covering more localities as a part of its multi-channel strategy.
The bank is firmly committed to promoting financial inclusion by expanding its semi-urban and rural networks.
BRAC bank plans to rapidly expand its sub-branch network throughout the country in the coming years and aims to become a leader in this segment.