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BRAC Bank has expanded its branch banking services to Lalmonirhat district by opening a sub-branch, marking the first time the bank has established a branch presence in this northern district.
With the introduction of the bank's state-of-the-art services, individual and business customers in Lalmonirhat will have access to BRAC Bank's top-notch banking services.
Syed Abdul Momen, Deputy Managing Director & Head of SME Banking, BRAC Bank, formally inaugurated the new Sub-Branch in Kulsum Plaza, Puraton Bazar, Kalibari Mor in Lalmonirhat on May 21. A.K.M. Tareq, Senior Zonal Head, and other senior officials from the bank's Distribution Network attended the ceremony.
BRAC Bank introduced its Sub-Branch Network as part of its multi-channel distribution strategy in 2022, to bring the best banking services to customers' doorsteps across the country. The Sub-Branches are operated with a license issued by Bangladesh Bank.
At the Sub-Branch in Lalmonirhat, customers can avail themselves of a range of banking services, including account opening, cash deposit, and withdrawal, deposit pension scheme, fund transfer using EFTN and RTGS, remittance service, utility bill payment, credit card, student file, consumer loan, debit card, and checkbook processing, Astha App enrollment, school banking, savings instruments, and many more, except for foreign exchange services.
Establishing the Sub-Branch is part of BRAC Bank's commitment to reach out to more people and cover more localities as part of its multi-channel strategy. The bank is firmly dedicated to promoting financial inclusion by expanding its semi-urban and rural networks. BRAC Bank aims to rapidly expand its Sub-Branch network throughout the country in the coming years and aims to become a leader in this segment.
TDM/SNE