Brac Bank partners with HCSL to support chinese investors in Bangladesh

BRAC Bank has signed an agreement with Huisida Consultancy and Service BD Ltd (HCSL) to provide streamlined banking and financial advisory services for foreign investors, with a particular focus on the Chinese business community operating in Bangladesh.

The partnership aims to facilitate Foreign Direct Investment (FDI) by offering efficient and client-centric financial solutions tailored to the needs of Chinese corporations. HCSL supports Chinese businesses with local guidance and operational assistance, while BRAC Bank's dedicated China Desk, under its Corporate and Institutional Banking Division, delivers customised banking support.

The China Desk provides Chinese clients with dedicated Relationship Managers who handle banking transactions, regulatory compliance, and account services tailored to the specific needs of their businesses in Bangladesh.

The agreement was signed at BRAC Bank's Head Office in Dhaka by A.K.M Faisal Halim, Head of Transaction Banking, Corporate and Institutional Banking Division, and Chao Chongchong, Managing Director of HCSL.

Tareq Refat Ullah Khan, Managing Director and CEO (Current Charge) of BRAC Bank, said: "As foreign investment grows, we are focused on building practical and sector-specific banking solutions. This partnership strengthens our ability to support Chinese businesses to operate efficiently and invest with confidence in Bangladesh."

This collaboration underscores BRAC Bank's commitment to facilitating cross-border partnerships and providing sector-specific financial solutions that cater to the evolving needs of global investors in Bangladesh.