Written by The Banking Post
BRAC Bank has achieved a historic milestone in Bangladesh’s capital market, becoming the first and only bank in the country to surpass USD 1 billion in market capitalization.
In a press release issued Saturday (July 26), BRAC Bank shared that this achievement reflects the unwavering confidence of both domestic and foreign investors in its performance and future prospects.
The bank attributes its continued success to strong corporate governance, robust financial health, and top-tier credit ratings from both local and international agencies. Renowned as a model for value-based banking and governance, BRAC Bank maintains a leading position across key financial indicators.
As a blue-chip stock, BRAC Bank’s share price has been rising steadily on both the Dhaka and Chattogram Stock Exchanges. On July 21, its stock value climbed to Tk 63.70, significantly higher than its face value of Tk 10.
The release also detailed shareholder composition of the bank’s 1.99 billion listed shares:
- Sponsors & Directors: 46.17%
- Foreign Investors: 33.79% (the highest foreign stake in Bangladesh’s banking sector)
- Local Institutions: 13.28%
- General Investors: 6.76%
With an authorized capital of Tk 5,000 crore and a paid-up capital of Tk 1,991 crore, BRAC Bank continues to show consistent growth across all major financial metrics, including:
- Earnings Per Share (EPS)
- Return on Equity (ROE)
- Return on Assets (ROA)
- Non-Performing Loans (NPLs)
- Profit After Tax (PAT)
Regarding this landmark achievement, Tareq Refat Ullah Khan, Managing Director & CEO (Current Charge), said:
“We’re proud and elated to be the first and only bank in Bangladesh to reach USD 1 billion in market capitalization. This milestone is a testament to our shareholders’ and customers’ unwavering trust.”
He added that the accomplishment highlights BRAC Bank’s strong governance culture, prudent financial management, and commitment to long-term value creation and impact. The bank remains dedicated to ensuring sustainable growth and protecting shareholder interests.
