BRAC Bank wins two VISA awards

BRAC Bank receives two awards from VISA International for its  performance in credit card business between the period of July 2018 and June 2019. Photo: Collected
BRAC Bank receives two awards from VISA International for its performance in credit card business between the period of July 2018 and June 2019. Photo: Collected

BRAC Bank has received two awards from VISA International for its performance in credit card business between the period of July 2018 and June 2019.

The Bangladeshi bank, according to a press statement, won the “excellence in credit cards business” and “excellence in point of sale acquiring business” awards from VISA.

The press release added that BRAC Bank is the first local bank in the country credit card industry to clinch the awards for both the categories of issuing as well as acquiring in a fiscal year.

Commenting on the accolade, BRAC Bank’s Md Sabbir Hossain said, “This prestigious recognition from VISA shows our business strength in the cards industry. Our unique and lucrative cards proposition and extensive acquiring presence win trust and loyalty of the customers that help us consolidate our market share in cards business.”

BRAC Bank receives two awards from VISA International for its  performance in credit card business between the period of July 2018 and June 2019. Photo: Collected
BRAC Bank receives two awards from VISA International for its performance in credit card business between the period of July 2018 and June 2019. Photo: Collected

“We will continue to offer innovative services to meet evolving needs of the customers and keep up the momentum in cards industry,” he added.

Md Sabbir Hossain, deputy managing director and COO, Nazmur Rahim, head of alternate banking channels, Siraj Siddiquey, head of digital banking and e-commerce, Sarah Anam, head of deposits and NFB; Khairuddin Ahmed, head of merchant acquiring and Joarder Tanvir Faisal, head of product-cards from BRAC Bank, were present.

TR Ramachandran, the group country manager (India and South Asia), Soumya Basu, business development director (South Asia), Poulomi Mukherjee, business development associate director (South Asia), from VISA International Limited were also present at the award ceremony titled “VISA: Reimagine Digital Payments”.