Brac Bank has been honoured with the 'Best Financial Inclusion and Social Impact Initiatives – SME' award at the International Finance Awards 2026.
The award was conferred to the bank in recognition of its pioneering role in expanding access to finance for small and medium enterprises and driving inclusive economic growth in Bangladesh.
The accolade, conferred by International Finance Magazine of the United Kingdom, recognizes financial institutions that demonstrate outstanding leadership, innovation, and measurable impact in advancing financial inclusion and sustainable economic development.
The award acknowledges Brac Bank's long-standing commitment to empowering entrepreneurs through collateral-free SME financing, customer-centric products, capacity-building programs, women entrepreneurship, and responsible banking.
The international accolade comes at a particularly significant moment as Brac Bank celebrates its 25th anniversary, marking a quarter-century of championing financial inclusion and supporting the country's entrepreneurial ecosystem.
Since its inception in 2001, Brac Bank has remained at the forefront of SME banking in Bangladesh.
Over the past 25 years, the bank has disbursed more than Tk2 trillion in loans to over 2 million CMSMEs, helping create employment, stimulate local economies, and broaden financial inclusion across the country.
Its pioneering collateral-free lending model has become a benchmark for inclusive banking in Bangladesh.
The award reflects Brac Bank's continued focus on creating sustainable economic opportunities, particularly for entrepreneurs who have traditionally remained underserved by the formal financial sector.
Syed Abdul Momen, additional managing director and head of SME Banking at Brac Bank, said: “This recognition is a tribute to Bangladesh's entrepreneurs, whose resilience continues to inspire us. As we celebrate our 25th anniversary, the award reaffirms our commitment to expanding financial inclusion and empowering entrepreneurs. We are grateful to our customers for their trust in Brac Bank.”