BRAC Bank celebrates strong half-year deposit milestone

BRAC Bank's branch network has recorded a net deposit growth of Tk 8,500 crore in the first six months of 2025, reflecting the bank's continued strength in deposit mobilisation.
This milestone reinforces the branch network's consistent year-on-year growth trend and underscores its strategic role in driving business expansion.
To celebrate this achievement, the bank hosted a programme on 15 July where Tareq Refat Ullah Khan, Managing Director & CEO (current charge), and Sheikh Mohammad Ashfaque, Deputy Managing Director and Head of Branch Distribution Network, joined senior branch leaders in marking the occasion.
Also present were AKM Tareq, Senior Zonal Head for North; Taher Hasan Al Mamun, Senior Zonal Head for South; as well as regional heads, cluster heads, and branch managers from across the country.
In his remarks, Tareq Refat Ullah Khan said, "This milestone is built on trust—our most valuable asset. Our ability to consistently grow deposits stems from the strong relationships our teams have nurtured with customers over the years. We see this as a springboard for even greater success in the second half of 2025."
He also praised the dedication of the branch network teams, attributing the achievement to their relentless focus on customer service, operational excellence and community engagement.
BRAC Bank's branch network has played a central role in supporting inclusive banking, expanding access to financial services, and promoting savings among individuals and businesses alike. With over 190 branches across Bangladesh, the bank continues to drive financial inclusion through both traditional and digital channels.
Senior management expressed confidence that the momentum will continue, citing the bank's long-term strategy of sustainable growth, customer-centricity, and trust-based banking. Bangladesh Standards and Testing Institution (BSTI) has signed a Memorandum of Understanding (MoU) with Russia's Federal Agency on Technical Regulating and Metrology (GOST R) to strengthen bilateral cooperation in the development of national standards and quality control mechanisms.
The MoU was signed on Monday at the BSTI headquarters in Tejgaon, Dhaka. S M Ferdous Alam, Director General (Grade-1) of BSTI, signed the agreement on behalf of Bangladesh, while Anton Shalaev, Chief Executive of GOST R, signed on behalf of the Russian side.
The signing ceremony was presided over by the Additional Secretary of the Ministry of Industries, Maksura Noor, NDC. Minister-Counsellor of the Russian Embassy in Dhaka, Ekaterina Semenova, also attended the event, alongside Md Mosharraf Hossain, Director General of the Eastern Europe and CIS Division of the Ministry of Foreign Affairs; Md Hafizur Rahman, Administrator of FBCCI, and senior officials from the Ministry of Industries, the Ministry of Foreign Affairs, the Russian Embassy and the BSTI.
Officials said the agreement opens up new avenues for technical collaboration in standardisation, conformity assessment, metrology and related fields. It is expected to facilitate mutual exchange of expertise and information, as well as support trade between the two countries through harmonisation of standards.
The MoU marks a step forward in BSTI's efforts to align with global best practices and expand international partnerships in regulatory cooperation.