Expanding Banking Partnerships BRAC Bank has recently partnered with multiple fintech firms and financial institutions, including Cartup, QuiqSend, and Truefitt & Hill Bangladesh, indicating a strong openness to collaboration with technology providers, service companies, and lifestyle brands. This environment offers opportunities for innovative product integrations and cross-sector partnership sales.
Focus on Women's Entrepreneurship The bank actively participates in women-focused events such as the Banker-Women Entrepreneur Conference and Bangladesh Bank CMSME fair, highlighting its strategic emphasis on supporting women entrepreneurs and micro, small, and medium enterprises. Sales efforts can target programs, tools, and solutions tailored for women-led businesses and entrepreneurial financing.
Digital Remittance Growth With its recent partnership with Australian fintech QuiqSend to enable app-based remittances, BRAC Bank is positioned to attract and serve remittance-reliant customers, especially NRBs. There are opportunities for promoting digital payment solutions, remittance management, and allied financial services.
Niche Product Launches BRAC Bank has introduced specialized savings accounts catering to NRBs and their families, indicating a targeted approach to expanding its retail banking segment with products designed for expatriate and diaspora communities. This creates potential for tailored financial products and wealth management services appealing to these demographics.
Technological Infrastructure Utilizing a modern tech stack including Apache Hive, PostgreSQL, Spring Boot, and others, BRAC Bank demonstrates a commitment to technological innovation and digital transformation. Technology vendors and service providers can explore opportunities in supporting or enhancing its digital platforms, data analytics, and operational efficiency solutions.