Bangladesh’s BRAC Bank has been recognised by Bangladesh Bank, which is the country’s central bank, for its role in implementing the first phase of Coronavirus stimulus package for cottage, micro, small and medium enterprises in financial year 2020-21.
Media reports maintained this adding BRAC Bank fulfilled an incremental target of Taka 1,500 crore in the first phase (April 2020-June 2021), which the highest in the industry, while adding the Governor of Bangladesh Bank Fazle Kabir handed over to Deputy Managing Director of BRAC Bank Md. Sabbir Hossain, a certificate recently, in recognition of its role in this regard.
Meanwhile, Managing Director of BRAC Selim RF Hussain on his part said, “…we appreciate the central bank for keeping confidence in BRAC Bank by assigning us with incremental target under the stimulus package.”
