Company Information

Get to know brac bank limited

Founded in 2001, BRAC Bank Limited operates as a commercial bank in Bangladesh with a mission of financial inclusion and empowerment. It is a subsidiary of BRAC, one of the world's largest non-governmental development organizations. While renowned for its significant focus on the SME sector, which often remains unserved by traditional banks, BRAC Bank also provides a full suite of banking services including retail banking, corporate banking, and treasury services to a diverse customer base.

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Financial BankingPRIMARY
Financial Other Service

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brac bank limited

Bangladesh

Founded in

2001 (25 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.