Trade
2 days ago

BRAC Bank partners with Huisida Consultancy and Service to support Chinese investors in Bangladesh

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BRAC Bank has partnered with Huisida Consultancy and Service BD Ltd. (HCSL) to provide streamlined banking and financial advisory services to foreign investors, particularly from the Chinese business community.

Through this partnership, BRAC Bank and HCSL will facilitate Foreign Direct Investment (FDI) into Bangladesh by delivering efficient, client-centric financial solutions, according to a press release.

HCSL supports Chinese businesses operating in Bangladesh with on-ground services and local guidance, while BRAC Bank’s dedicated China Desk offers banking support tailored to the operational needs of Chinese corporates through its Corporate and Institutional Banking Division.

The China Desk offers Chinese corporate clients dedicated Relationship Managers who oversee banking transactions, regulatory compliance, and account services tailored to their business operations in Bangladesh.

The agreement was signed at BRAC Bank’s Head Office in Dhaka by A.K.M Faisal Halim, Head of Transaction Banking, Corporate & Institutional Banking Division, and Chao Chongchong, Managing Director of HCSL.

Tareq Refat Ullah Khan, Managing Director and CEO (Current Charge) at BRAC Bank, said: “As foreign investment grows, we are focused on building practical and sector-specific banking solutions. This partnership strengthens our ability to support Chinese businesses to operate efficiently and invest with confidence in Bangladesh.”

The collaboration reinforces BRAC Bank’s commitment to enabling cross-border partnerships and providing industry-specific financial solutions tailored to the evolving needs of global investors in Bangladesh.

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