Home Finance BRAC Bank wins International Finance SME award
Finance

BRAC Bank wins International Finance SME award

Share


BRAC Bank has won the “Best Financial Inclusion and Social Impact Initiatives – SME” award at the International Finance Awards 2026, recognising its role in expanding access to finance for small and medium enterprises in Bangladesh.

The award was conferred on the bank for its contribution to broadening financial inclusion, supporting entrepreneurs and promoting inclusive economic growth.

Conferred by International Finance Magazine of the United Kingdom, the award recognises financial institutions that demonstrate leadership, innovation and measurable impact in advancing financial inclusion and sustainable economic development.

The recognition highlights BRAC Bank’s long-standing commitment to empowering entrepreneurs through collateral-free SME financing, customer-centric products, capacity-building programmes, women’s entrepreneurship and responsible banking.

The international accolade comes as BRAC Bank marks its 25th anniversary, celebrating a quarter-century of work in financial inclusion and support for 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 lakh crore in loans to more than 20 lakh cottage, micro, small and medium enterprises, 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.”





Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Finnvera launches EUR 1 billion investment programme

Finnvera is prepared to fund investments by SMEs, midcaps and large companies across Finland by EUR 1 billion this and next year. The...

How We Paid Off Our Mortgage More Than a Decade Early

In 2020, my husband and I sent in our final mortgage payment.Achieving this goal, which at one time seemed so far out of...

Related Articles

BlackRock Latin American Investment Trust Plc

BLACKROCK LATIN AMERICAN INVESTMENT TRUST PLC   (LEI: UK9OG5Q0CYUDFGRX4151) ANNOUNCEMENT OF QUARTERLY...

Uzbekistan to Improve the Quality of Primary Education for 2 Million Children and Future Jobs Access with World Bank Support

WASHINGTON, June 30, 2026—The World Bank’s Board of Executive Directors today approved...

Sustainable banking compliance rises to 73% as green finance agenda deepens

Compliance with Ghana’s Sustainable Banking Principles has risen steadily to an industry...

World Bank to phase out lending to China by 2031

World Bank lending to China peaked at $2.42 billion in 2017, but...