Home ›› 17 Feb 2022 ›› Corporate
BRAC Bank and the European Union (EU) have expressed firm commitment to work together to facilitate trade between Bangladesh and the European nations and to promote foreign direct investments (FDI) in Bangladesh.
The commitment came when an EU delegation, led by EU Ambassador in Bangladesh Charles Whitely, met BRAC Bank Managing Director and CEO Selim RF Hussain at the latter’s office on February 7, said a press release on Wednesday.
According to the release, they discussed mutual interests and different facets of banking relationship.
Andreas Heuberger, head of administration, EU; Tareq Refat Ullah Khan, deputy managing director and head of Corporate Banking; Md Jabedul Alam, head of Transaction Banking, BRAC Bank, and other senior officials from both organisations were present.
The EU envoy lauded the services BRAC bank is offering to the EU delegation in Bangladesh.
‘We are delighted to be engaged with a leading Bangladeshi bank which has cemented its reputation with reliable service and is relentlessly driven by a desire to excel and innovate,’ said Charles Whiteley.
Expressing keen desire to take the current collaboration to newer heights, Selim, RF Hussain said, “in not too distant a future, we look forward to making marked contribution in positively impacting trade volume between Bangladesh and EU nations.”
EU is a leading trade and development partner of the country and BRAC Bank will provide priority support to deepen the partnership, he assured.
BRAC Bank Limited, traded as ‘BRACBANK’ on Dhaka Stock Exchange, has been one of the country’s fastest-growing banks since its inception in 2001 with a particular focus on the SME segment.
With 187 branches, 374 ATMs, 461 SME unit offices, 700 agent banking outlets and a diverse workforce of more than 8,000 people BRAC Bank also serves customers across the corporate and retail segments.