BRAC Bank’s CORPnet expands corporate digital banking footprint

BRAC Bank's corporate digital banking platform, CORPnet, processed Tk227,321 crore via eight million digital transactions in 2025.

The platform registered a 43 per cent year-on-year rise in transaction volume and a 38 per cent increase in transaction count, underscoring the rapid digital transformation within Bangladesh's corporate sector.

Nearly 2,500 businesses are now onboarded, with over 900 new corporate clients joining in 2025 alone. CORPnet maintains a 65 per cent active client rate, with nearly two-thirds of onboarded businesses relying on the platform for daily banking operations, signalling a shift towards fully digital, streamlined corporate banking.

CORPnet serves enterprises of all sizes, enabling payments, collections, reporting, and service requests to be managed entirely online, with 24/7 approvals and processing from any location. Intuitive workflows reduce manual intervention, expedite approvals, and integrate seamlessly with company ERPs through host-to-host connectivity and API integrations. Businesses benefit from real-time cash visibility while optimising fund management for greater efficiency and transparency.

CORPnet's robust security framework ensures comprehensive governance via multi-level signatory controls, end-to-end encryption, multi-factor authentication, and instant transaction alerts. Features such as automated payroll, bulk payment uploads, government bill payments, and digital instruments—including A4 cheques and pay orders—position CORPnet as a holistic treasury solution. In 2025, 85 per cent of all transactions were processed digitally, demonstrating widespread adoption.

Advanced collection tools—Direct Debit Instructions and Virtual Account Management—enable businesses to track inflows with precision.

A single bank account can be virtualised into thousands of shadow accounts, each mapped to a counterparty, region, or business unit, with automatic reconciliation. Direct Debit Instructions facilitate fund transfers from other banks, centralising collections and enhancing cash visibility across the organisation.

CORPnet's client base spans the breadth of Bangladesh's corporate economy. Leading firms in telecommunications, pharmaceuticals, FMCG, education, distribution, healthcare, NGOs, embassies, shipping, airlines, multinationals, development organisations, and other institutional clients depend on CORPnet for high-volume bulk payments, real-time collections, complex supplier payments, and large-scale payroll processing.

This industry diversity highlights CORPnet's flexible architecture, supporting a wide array of business models, payment patterns, and compliance requirements within a unified platform.

Tareq Refat Ullah Khan, Managing Director and CEO of BRAC Bank, said: "CORPnet is transforming the way businesses manage their finances. Every digital transaction reduces manual work, minimises paper usage, and accelerates decision-making. Our clients are banking more efficiently, saving time and costs, and building smarter operations. Looking ahead, CORPnet will expand its ecosystem with additional services and analytics, driving further efficiency, transparency, and empowerment in corporate banking."

CORPnet is redefining corporate digital banking in Bangladesh, setting a benchmark for efficiency, transparency, and smarter business operations.