BRAC Bank has partnered with the Overseas Chinese Association in Bangladesh (OCAIB) to provide comprehensive banking solutions to foreign investors, according to press release.
This agreement underscores a shared commitment to provide innovative client-centric financial advisory and enhanced banking services to facilitate Foreign Direct Investment (FDI) in Bangladesh.
BRAC Bank has a dedicated China Desk for its Corporate and Institutional Banking clients. This specialized desk is equipped with dedicated Relationship Managers who provide tailored support to the Chinese business community, ensuring their unique needs are met efficiently and with expertise.
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OCAIB promotes economic and trade exchanges, strengthening bilateral ties, and contributing to Bangladesh’s socioeconomic development. With 300 large and medium-sized Chinese enterprises, OCAIB engages in key sectors such as development projects, ready-made garments, leather, toys, local manufacturing, trading, and services.
Tareq Refat Ullah Khan, Deputy Managing Director and Head of Corporate & Institutional Banking Division at BRAC Bank, and Calvin Ngan, President of OCAIB, signed the agreement at the bank’s Head Office in Dhaka recently.
BRAC Bank’s Corporate and Institutional Banking Division provides industry-specific solutions to cater to specific requirements of diverse industries.
This partnership demonstrates BRAC Bank’s unwavering commitment to expanding its business with Chinese investors and companies in Bangladesh, fostering regional growth and collaboration.
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