Home ›› 07 Sep 2022 ›› Corporate
BRAC Bank has undertaken a number of financial literacy initiatives all over Bangladesh and in overseas countries to bring the general people under banking services.
The vision of BRAC Bank is to bring the unbanked ‘missing middle’, who are left out in traditional banking system, under financial umbrella, said the statement on Tuesday.
The bank is putting relentless efforts to absorb general people in the mainstream financial sector through SME Banking, Women Banking, Agent Banking, School Banking and foreign remittance services. Also, BRAC Bank is undertaking initiatives to educate the people about the basics of banking.
To create awareness about Agent Banking among the people of remote areas of the country, ‘Uthan Boithak’ (Meeting in yard) are being organized. Women and ethnic people are given priority in these meetings. The bank’s officials disseminate information about accounting of business transaction, bookkeeping and management of documents required for obtaining loans through SME Banking.
The bank organizes various trainings for women under its women banking segment TARA. Through school banking, the young generation is encouraged to do banking and develop saving habit.
The bank also organizes customer meets in different districts and overseas locations to create awareness about sending foreign remittance through legal channel. Bangladeshi expatriates are advised about best investment opportunities in the country.
The bank organized ‘Uthan Boithak’ to create awareness about banking services among the Munda ethnic people living in the areas adjacent to the Sundarbans. The field officers of Agent Banking explained the process of bank account opening, the importance of savings and services provided at Agent Banking Outlets. Such meetings are conducted regularly in various remote areas of the country.
BRAC Bank launched comprehensive women banking segment ‘TARA’ to provide financial services to the women of all strata of the country. ‘TARA’ is providing complete banking solutions to women for any personal and business needs. In addition to banking services, TARA organizes various networking and training sessions for women for their capacity building.
Entrepreneurship Accelerator Programme ‘Uddokta 101’ has been organized in partnership with Dhaka University and BRAC University. Earlier, training for women entrepreneurs was organized with the help of Babson College of America and Dutch FMO.
