Brac Bank Ltd has received the highest number of awards, five in all, from Visa this year for its outstanding business in various card-issuing and acquiring categories.

The bank won "Excellence in POS Acquiring Business" for the fifth consecutive year and "Excellence in E-commerce Payment (Issuing)" and "Excellence in Commercial Cards" for the third consecutive year. It also won in two new categories, "Excellence in Product Innovation" and "Excellence in VAS Product".

Md Mahiul Islam, head of retail banking of the bank, received an award from MA Mannan, minister for planning, during the Visa Leadership Conclave 2023 at the Sheraton Dhaka in Banani recently, said a press release.

"This prestigious recognition from Visa for consecutive years shows our business strength in card-issuing and acquiring business across the industry and focus on innovation in new business arenas," said Islam.

Md Sharafat Ullah Khan, director of Payment Systems Department at the Bangladesh Bank, and senior officials of Brac Bank, were present.