BRACBANK: 9M23 Earnings Report
BRAC BD’s NPAT (on a consolidated basis) grew by 38.6% YoY during 9M23 (Jan’23 - Sep’23) riding on bank’s and bKash’s improving profitability. BRACBANK’s (solo) net interest income grew by…
BRAC BD’s NPAT (on a consolidated basis) grew by 38.6% YoY during 9M23 (Jan’23 - Sep’23) riding on bank’s and bKash’s improving profitability. BRACBANK’s (solo) net interest income grew by…
As Bangladesh Bank introduces market-driven (tagged with 182-days T.Bill rate) reference lending rate for all types of bank loans, replacing the earlier imposed lending rate cap of 9.0% since Jul’23…
Profit of BRAC Bank Limited (BRAC BD) increased by 35.4% YoY in Q3’23 · BRAC BD’s consolidated EPS increased by 35.4% YoY in Q3’2023 to BDT 1.34 which goes in line…
Following the implementation of dynamic market based ceiling on lending rate, according to reputed daily newspapers, BRACBANK increased its average lending rate on SME loan to 10.1% from earlier 8.1%…
Moody’s downgrades outlook on Bangladesh’s banking system, however, BRAC BD remains strong Moody’s downgrades outlook on Bangladesh’s banking system from stable to negative citing that macroeconomic challenges will worsen asset…