Business

Aug222025 by No Comments

BRAC Bank Branch Network achieves BDT 10,000 crore net deposit growth in first 8 months of 2025

BRAC Bank’s Branch Network has recorded a historic net deposit growth of BDT 10,000 crore in the first eight months of 2025, underscoring the sustained momentum in deposit mobilisation.This milestone builds on the consistent upward trajectory achieved in recent years, as the Branch Network continues to redefine industry benchmarks for business growth.The bank organised a celebration programme on August 20, 2025, where Tareq Refat Ullah Khan, Managing Director & CEO (Current Charge), and Sheikh Mohammad Ashfaque, Deputy Managing Director & Head of Branch Distribution Network, joined the leaders of Branch Network in celebrating the deposit milestone. A. K. M. Tareq, Senior Zonal Head for North, and Taher Hasan Al Mamun, Senior Zonal Head for South, along with Regional Heads, ...

Aug212025 by No Comments

Gartner Recognizes Huawei’s SD-WAN Solution for 5 Consecutive Years

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Huawei has been recognized with the Customers' Choice for the fifth time in a row by Gartner, a globally renowned research firm, for its SD-WAN (Software-Defined Wide Area Network) Solution. On the Gartner® Peer Insights™ platform, Huawei SD-WAN received the full score of 5/5 stars and the highest "Willingness to Recommend" of 100%. Gartner released the 2025 Gartner® Peer Insights™ Voice of the Customer for SD-WAN recently. These details were shared in a press release issued by Huawei Bangladesh on Thursday. Huawei's SD-WAN Solution precisely meets enterprise requirements for diversified WAN interconnections. It also provides flexible and powerful WAN interconnection capabilities for small and midsize enterprises, large enterprises, and carriers. Huawei's SD-WAN Solution was highly recog...

Aug212025 by No Comments

Transcom Digital Expands in Chattogram with New Showroom at Chawkbazar

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Transcom Digital, the country’s leading premium electronics and home appliance retailer, has officially launched its new showroom at Chawkbazar, Chattogram one of the city’s busiest business hubs. The showroom brings customers access to 100% original products from world-renowned brands, along with Transcom’s own brand Transtec, offering global technology at local prices.The grand inauguration ceremony was graced by Md. Alamgir Hossain, Deputy Police Commissioner (South), Chattogram Metropolitan Police, as the Chief Guest. From Transcom Electronics Ltd., Mr. Shahidul Islam, Chief Operating Officer, Mr. Ritesh Ranjan, Head of Business, and other senior officials were present.Chief Guest Md. Alamgir Hossain, Deputy Police Commissioner (South), CMP, said, “Transcom Digital has earned c...

Aug202025 by No Comments

‘Servicing24 Client’ App Offering Best AMC Solutions

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In today's technology-driven service environment, companies go beyond merely acquiring hardware; they engage in Annual Maintenance Contracts (AMCs) to ensure the uninterrupted operation of their devices. These contracts ensure that the organization's servers, storage, networking hardware, and other IT equipment are kept secure and functioning properly. The 'Servicing24 Client' app makes this AMC (Annual Maintenance Contract) service even more accessible. Users can enjoy round-the-clock assistance through this web-based and mobile app. In most cases, the AMC services provided by original equipment manufacturers (OEMs) are rather costly and accompanied by specific terms. Consequently, components like SLA, response times, and hardware replacements are frequently constrained. It can also be ...

Aug202025 by No Comments

Chattogram’s Khulshi Mart Teams Up with foodpanda to Deliver Groceries

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foodpanda, the country’s leading online food and grocery delivery platform, has partnered with Khulshi Mart in Chattogram, facilitating customers to buy groceries and get it delivered through foodpanda app.The partnership allows foodpanda customers to buy goods from Khulshi Mart's diverse selection of products, ranging from fresh produce to premium household products and daily essentials along with exciting deals, straight on the foodpanda app and have it delivered to their doorsteps.“We are excited to partner with foodpanda bringing Khulshi Mart’s premium offerings to even more customers across Chattogram,” said Md. Shakher Hossain, General Manager of Khulshi Mart. “For the past 19 years, we’ve been committed to delivering quality and trust. This collaboration allows us to extend ...

Aug192025 by No Comments

UCBD hosts Masterclass on Data Science: Shaping the Future with Data

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Universal College Bangladesh (UCBD) yesterday (17th August) hosted a masterclass titled ‘Shaping the Future with Data: Global Trends & Bangladesh’s Path,’ on the relevance of Data Science in today’s world and future career prospects both locally and internationally. During the session, UCBD announced that it will soon launch the Bachelor’s in Data Science programme with the London School of Economics (LSE)-University of London, one of the top-ranked academic programmes worldwide.The masterclass was carried out to familiarize the graduates of HSC and A2 and their guardians with Data Science, its global rise, and the future of data professionals in Bangladesh, so that students can tap into the best opportunities available to them.Held at the UCBD Student Lounge, the session highl...

Aug192025 by No Comments

BRAC Bank inaugurates sub-branch in Dhaka’s Aftabnagar

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BRAC Bank has inaugurated a new sub-branch at Aftabnagar in Dhaka. With this addition, the bank’s sub-branch network now stands at 97.Vice Chairperson Faruq Mayeenuddin Ahmed formally inaugurated the sub-branch at Basic Mansuba Tower, Plot # A-24, Block # A, Aftabnagar Housing in Dhaka on August 17, 2025.Managing Director & CEO (Current Charge) Tareq Refat Ullah Khan and Deputy Managing Director & Head of Branch Distribution Network Sheikh Mohammad Ashfaque, Senior Zonal Head for North A. K. M. Tareq, and senior officials of the bank's Distribution Network were present.Aftabnagar is one of Dhaka's growing residential areas with several universities, wholesale bazaars and urban establishments in its proximity.BRAC Bank launched the Sub-branch Network as part of its m...

Aug182025 by No Comments

Banglalink launches new international roaming pack with BDT balance payment option

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In an effort to simplify international mobile communication for Bangladeshi travelers, Banglalink, the country’s leading digital operator, has introduced new international roaming packs that can be purchased directly in Bangladeshi Taka (BDT), eliminating the need for foreign payment methods. The packs offer wide coverage across 50 countries, flexible plan options based on travel needs, and seamless activation through the MyBL app.A significant uplift from the previous practice, which required customers to use international credit or debit cards with US dollar endorsements to activate roaming services, the offering will allow travelers to purchase roaming packages using their mobile balance in taka while traveling abroad. In an increasingly connected world, Banglalink continues to lea...

Aug162025 by No Comments

BRAC Bank partners with BASE, UNEP and UN Women to empower women-led businesses through climate finance

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BRAC Bank has partnered with the United Nations Environment Programme (UNEP), UN Women and BASE under the ‘EmPower: Women for Climate-Resilient Societies’ programme, to launch a climate finance scheme for women-led small and medium enterprises (WSMEs) in the coastal regions of Bangladesh.Coordinated by the BASE, the project seeks to empower women and other marginalised groups through access to climate finance for uptake of renewable energy technologies in their businesses.With financial and technical support from the Centre for Entrepreneurship Development (CED) at BRAC University, BRAC Bank will introduce a USD 3 million loan portfolio targeting a large number of women entrepreneurs. The financial solutions will be tailored to help these businesses operate sustainably and withsta...

Aug152025 by No Comments

BRAC Bank empowers 8,500 farming families through sustainable agri-finance

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BRAC Bank has transformed agricultural financing in Bangladesh, supporting over 8,500 farming families and disbursing BDT 59.39 crore in the last two years.The bank’s efforts have directly benefited nearly 35,000 rural individuals, improving food security, boosting productivity, and uplifting livelihoods, particularly in remote, climate-vulnerable areas.True to its mission as an SME-focused bank, BRAC Bank has prioritised smallholder and marginal farmers, often excluded from formal financing. Through its digital agri-lending platform Shubidha, farmers can access credit within 20 minutes with minimal documentation and without the need to visit a bank branch.This fintech-first model has bridged critical gaps in credit, technology, and financial inclusion, offering dignity and aut...