Brac Bank celebrates Tk4,000 crore retail assets portfolio

Brac Bank Ltd on Thursday celebrated its retail assets portfolio climbing to above Tk4,000 crore. The bank is currently the largest retail bank in Bangladesh in terms of asset portfolio, due to a remarkable growth in home loans and car loans, as well as credit card and personal loans, over the last two years, said a press release. The release added that such growth was a result of high productivity and efficiency through investments in people, technology and various processes. Brac Bank Deputy Managing Director and CFO AK Joaddar, Deputy Managing Director and CRO Chowdhury Akhtar Asif, Head of Retail Banking Nazmur Rahim, Head of Human Resources Bilquis Jahan, Head of Retail Sales Kyser Hamid, Head of Corporate Branches Sheikh Mohammad Ashfaque, branch managers, senior management and sales team officials were all present at the celebration program at the Brac Bank Head Office in Tejgaon, Dhaka.