BRAC Bank

BRAC Bank PLC, headquartered at Anik Tower on Tejgaon-Gulshan Link Road in Dhaka, offers a range of SME current accounts in Bangladesh. The series includes SHADHIN, PROTHOM, Prapti, Ekota and TARA products.

A range, not one product

Separate variants exist for entrepreneurs and organisations, so the terms of one account do not extend to the whole line. A business should compare each account's opening requirements, minimum balance and charges instead of relying on a headline description.

Currency and services

The accounts are denominated in BDT. The listed service is business bank accounts. Cards, acquiring, foreign-currency functions and digital channels are not described in the source material, so those needs should be raised directly with the bank.

Clients

The target group is businesses, with particular emphasis on small and medium-sized enterprises.

Who it suits

Bangladeshi small businesses, traders and organisations that want a local-currency operating account from a bank with a dedicated SME range, and that are ready to pick the variant matching their size and sector. Fees, documents and eligibility criteria for each variant should be requested during the application.