Brac Bank receives Global SME Finance Awards
Brac Bank has received a Global SME Finance Awards in the silver category of SME Bank of the Year – Asia.
This is the second consecutive year that Brac Bank has been awarded with this accolade, says a press release.
International Finance Corporation (IFC), a member of World Bank Group, and the SME Finance Forum jointly organised the 2020 Global SME Finance Awards through a virtual platform recently.
"Our SME team has delivered yet again, and this award is an acknowledgment of their tireless efforts and strive for excellence," said Selim RF Hussain, CEO of Brac Bank.
"With its network of 456 SME unit offices, Brac Bank's focus has always been on SMEs and it will remain there for a long time," he said.
The bank takes financing solutions to the doorsteps of the SME entrepreneurs in both rural and semi-urban Bangladesh, he said, adding, "We are proud of recognitions that value our purposes."
"We hope the winners of the Global SME Finance Awards will inspire SME financiers all over the world to learn from their good practices," said Matthew Gamser, CEO of the SME Finance Forum.
"The awards provide the winners an opportunity to showcase good practices on the global stage and to foster learning amongst their peers."
"We are humbled and proud to accept this award, one that sets the bar for recognising excellence in SME banking. The challenges of 2020 have necessitated even higher levels of service quality, innovative thinking, and partnership: all towards the singular goal of access to finance and financial inclusion," said Brac Bank Head of SME Banking Syed Abdul Momen.
Endorsed by the G20's Global Partnership for Financial Inclusion (GPFI), the Global SME Finance Awards celebrate the outstanding achievements of financial institutions and fintech companies in delivering exceptional products and services to their SME clients.
The awards also provide an opportunity for institutions to showcase and share their practices and experience and for the wider SME finance community to learn from their examples.
The bank also received an honorable mention in the "Best Bank for Women Entrepreneurs" category in this award programme.
Comments