BRAC Bank Limited has won two international accolades in Asiamoney Best Bank Awards.
Hong Kong-based magazine, Asiamoney, has conferred BRAC Bank with the “Best Domestic Bank”, the “Best Digital Bank” awards.
Chowdhury Akhtar Asif, Deputy Managing Director & CRO, formally received the awards from Euromoney Editor Clive Horwood at “Asiamoney Best Bank Awards 2019” at JW Marriot Hotel in Hong Kong on March 25, said a statement.
In the award citation Asiamoney noted, under Selim R. F. Hussain, MD & CEO, BRAC Bank has been transformed into the country’s best and most-innovative financial institution.Its market capitalization as of February 2019 was about $1.0 billion, putting it well ahead of rivals. Its status as the country’s best full-service lender is buttressed by the strength of its small and medium-sized enterprise business.
On winning the award, Mr. Selim R. F. Hussain said, said, “Over the past few years, BRAC Bank has won a number of prestigious awards locally & internationally and achieved new milestones in the banking industry. The Bank’s success reflects the collective effort and passion of the bank’s employees.”
He further added, “This international recognition is another acknowledgement of our successful journey towards becoming the ‘Best Bank’ in the country. We gratefully recognize the bank’s valued clientele and stakeholders for their continued patronage and confidence in the organization”.