BRAC Bank has renewed its partnership with MetLife Bangladesh for the third consecutive term to provide comprehensive life and medical insurance coverage for its employees and their dependents.
The renewal reflects BRAC Bank’s continued confidence in MetLife’s financial strength, service excellence and ability to deliver reliable insurance solutions.
This continued collaboration will ensure financial protection and well-being support for over 27,500 employees and their dependents as stated in the Press Release.
Under this agreement, the officials will benefit from coverage against medical expenses, accidents, disabilities, and loss of life. The initiative reflects BRAC Bank’s continued commitment to employee wellbeing and building a resilient workforce.
BRAC Bank has selected MetLife Bangladesh due to its proven expertise in claims settlement and its ability to provide tailored solutions that ensure a seamless experience for its officials. MetLife Bangladesh has consistently led the industry in claims settlement, including paying BDT 2,853 crore in claims in 2025 and BDT 1,384 crore in the first six months of 2026, the highest claim payouts in the industry for the respective periods.
Tareq Refat Ullah Khan, Managing Director and CEO of BRAC Bank, commented: “Our people are our greatest strength, and their wellbeing is a top priority. Providing comprehensive insurance coverage helps create a secure workplace where our people can focus on their aspirations with confidence. Our continued partnership with MetLife Bangladesh reflects our trust in its consistent service and reliable financial protection.”
Ala Ahmad, Chief Executive Officer of MetLife Bangladesh, said: “BRAC Bank’s continued investment in employee well-being demonstrates its commitment to creating a supportive workplace where employees can feel secure about their financial future. We are proud to continue our partnership with BRAC Bank for the third consecutive term and support its efforts to provide meaningful financial protection for employees and their families.”
Established in 2001, BRAC Bank is one of the leading private commercial banks in Bangladesh, providing a full range of banking services for SME, Corporate and Retail customers.
Present in Bangladesh since 1952, MetLife currently serves more than one million individual customers and over 900 corporate clients across the country.
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