BRAC Bank’s branch distribution network logs Tk 2,100cr deposit growth in Q1

BRAC Bank’s branch distribution network has reported a net current account and savings account (CASA) deposit growth of Tk 2,100 crore in the first quarter of 2026 -- one of the strongest deposit performances in this segment in the bank’s history.

This achievement reflects sustained customer confidence, deep-rooted client relationships, and the bank’s continued focus on building a resilient, diversified funding base, according to a press release.

Driven by the dedication of its nationwide branch network -- spanning 310 branches and sub-branches -- and complemented by seamless digital channels, the growth underscores the bank’s ability to mobilise stable, low-cost deposits at scale.

This strong deposit momentum enhances the bank’s capacity to extend financing across key sectors, supporting industrialisation, entrepreneurship, and overall economic development in Bangladesh.

Tareq Refat Ullah Khan, managing director and CEO of BRAC Bank PLC, joined the celebration at the bank’s head office recently and said, “Strong CASA growth is the foundation of a resilient balance sheet. This milestone reflects our customers’ unwavering trust and the disciplined execution of our teams.”

“As we continue to strengthen our funding base, we are better positioned to support businesses, empower entrepreneurs, and contribute meaningfully to the country’s economic progress,” he added.

He also commended the branch network team for their professionalism, customer-centric approach, and consistent pursuit of service excellence, which have been instrumental in delivering this outstanding performance.

Sheikh Mohammad Ashfaque, deputy managing director and head of branch distribution network; Md Mahiul Islam, deputy managing director and head of retail banking; AKM Tareq, senior zonal head (north); and Taher Hasan Al Mamun, senior zonal head (south), along with regional heads, cluster heads, and branch and sub-branch managers from across the country, attended the ceremony.