BRAC Bank wins four prestigious VISA awards

BRAC Bank wins four VISA Awards

Dhaka, Saturday, 16 Nov: BRAC Bank has won four prestigious Visa awards this year in recognition of its outstanding business in the cards issuing and acquiring and value-added services categories.

The bank has secured awards at the VISA Leadership Conclave 2024, recognising its excellence in Consumer Debit Card, Commercial Debit Card, Merchant Acquiring POS, and Value-Added Services (VAS) categories.

The conclave honoured various banks, mobile financial services (MFS) providers, and merchants who contributed to Bangladesh’s digital payments ecosystem.

Ashik Chowdhury, Executive Chairman of the Bangladesh Investment Development Authority; Rafeza Akhter Kanta, Director of the Payment Systems Department of Bangladesh Bank; Sandeep Ghosh, Group Country Manager for India and South Asia; and Sabbir Ahmed, Visa’s Country Manager for Bangladesh, Nepal, and Bhutan, attended the ceremony at a local hotel in Dhaka on November 7, 2024.

Selim R. F. Hussain, Managing Director and CEO; Md. Mahiul Islam, Deputy Managing Director and Head of Retail Banking; and Syed Abdul Momen, Deputy Managing Director and Head of SME Banking; attended the award ceremony.

BRAC Bank is a leading bank in cards, e-commerce, and acquiring business in the

Bangladesh banking industry. It has a growing customer base and extensive foothold across the country.

Commenting on the accolades, Selim R. F. Hussain, Managing Director and CEO of BRAC Bank, said: “This prestigious recognition from Visa for consecutive years shows our strength in card issuing and acquiring business across the industry and our focus on innovation in new business areas leveraging technology.”

“Our unique and lucrative cards proposition and extensive acquiring presence win the trust and loyalty of Retail and SME customers and help us consolidate our market share.

As a customer-centric bank, we will continue to offer innovative services to meet the Customers’ evolving needs and keep up the business momentum. We extend our heartfelt gratitude to our stakeholders for their unwavering support and partnership in reaching this milestone,” he added. – Press release