Brac Bank has won four Visa awards this year for its outstanding business in card issuing and acquiring and value-added services categories.
The bank has secured awards at the Visa Leadership Conclave 2024, recognizing its excellence in Consumer Debit Card, Commercial Debit Card, Merchant Acquiring POS, and Value-Added Services (VAS) categories.
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.
Selim RF 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.
Brac Bank is a leading bank in cards, e-commerce, and acquiring business in the Bangladesh banking industry.
It has a growing customer base and extensive foothold across the country.
Selim RF Hussain, managing director & CEO of Brac Bank, said: “This 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,” he added.