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BRAC Bank has won four prestigious Visa awards this year in recognition of its outstanding business in the card issuing and acquiring and value-added services categories.
The bank has secured awards at the VISA Leadership Conclave 2024, recognising its excellence in Consumer Debit Card, Commercial Debit Card, Merchant Acquiring POS, and Value-Added Services (VAS) categories, according to a press statement.
The conclave honoured various banks, mobile financial services (MFS) providers, and merchants who contributed to Bangladesh's digital payments ecosystem.
Ashik Chowdhury, Executive Chairman of the Bangladesh Investment Development Authority; Rafeza Akhter Kanta, Director of the Payment Systems Department of Bangladesh Bank; Sandeep Ghosh, Group Country Manager for India and South Asia; and Sabbir Ahmed, Visa's Country Manager for Bangladesh, Nepal, and Bhutan, attended the ceremony at a local hotel in Dhaka on November 7, 2024.
Selim R. F. Hussain, Managing Director & CEO; Md. Mahiul Islam, Deputy Managing Director & Head of Retail Banking; and Syed Abdul Momen, Deputy Managing Director & Head of SME Banking; attended the award ceremony.
Commenting on the accolades, Selim R. F. Hussain, Managing Director & CEO of BRAC Bank, said: “This prestigious recognition from Visa for consecutive years shows our strength in card issuing and acquiring business across the industry and our focus on innovation in new business areas leveraging technology.”
“Our unique and lucrative cards proposition and extensive acquiring presence win the trust and loyalty of Retail & SME customers and help us consolidate our market share. As a customer-centric bank, we will continue to offer innovative services to meet the customers' evolving needs and keep up the business momentum. We extend our heartfelt gratitude to our stakeholders for their unwavering support and partnership in reaching this milestone,” he added.