BRAC Bank’s Branch Network had a net deposit growth of Tk 2,000 crore in September 2024, the highest single-month deposit growth by any Branch Network in Bangladesh as stated in press release.
This milestone reflects the bank’s increasing customer confidence, strong engagement, and robust relationships.
This is a commendable achievement, as the growth has been accomplished in the challenging scenario in the banking industry.
Sheikh Mohammad Ashfaque, Deputy Managing Director & Head of Branch Distribution Network, joined the branch leaders in celebrating the significant deposit growth at a ceremony held on October 2, 2024, at the bank’s Head Office in Dhaka.
About consistent deposit growth by Branch Distribution Network, Selim R. F. Hussain, Managing Director & CEO, commented, “BRAC Bank aims not only to become a banking partner but also to provide comprehensive financial advisory services to the customers. The continuous expansion of branches; sub-branches, strategic repositioning for maximum convenience, improved customer services, and enhanced digital banking solutions have significantly contributed to the growth. This consistency in growth will help us towards doubling the business.”
A. K. M. Tareq, Senior Zonal Head for North, Taher Hasan Al Mamun, Senior Zonal Head for South, Regional Heads, the Cluster, and the Branch Managers, were present at the event.
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