BRAC Bank

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Title: BRAC Bank

Essay Details:

Subject: Business

Author: Daisy S

Date: March 1, 2014

Level: University

Grade: A

Length: 6 / 1677

Essay text:

BRAC Bank has been rated as one of the four most successful and sustainable SME Banks in the world. It also has been recognized for “ICMAB Best Corporate Award 2007’. It had been rated as “A” in Long Term and ST-2 in short term. A fully operational Commercial Bank, BRAC Bank focuses on pursuing unexplored market niches in the Small and Medium Enterprise Business, which hitherto has remained largely untapped within the country. In the last five years of operation, the Bank has disbursed over BDT 1500 crores in loans to nearly 50,000 small and medium entrepreneurs. The management of the Bank believes that this sector of the economy can contribute the most to the rapid generation of employment in Bangladesh...

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