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The bank provides products and services in retail banking, corporate finance, SME Banking, women banking, digital banking, asset management, equity brokerage, and security. It has 133 branches. [ 1 ] The bank is a licensee to issue Visa and MasterCard Debit and Credit Cards and it is the sole licensee of American Express Cards in Bangladesh.
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Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
The main obstacle to using the Internet in Bangladesh is its distribution. The Internet is still an urban privilege because telephone connections are more concentrated in urban areas, particularly in and around Dhaka. Mobile operators are providing substantial services in and outside urban areas using 3G/EDGE, there are also WiMax providers.
Offshore Banking Operation (OBO) was first introduced by Bangladesh Bank in 1985 through a circular for allowing active foreign financing at Export Processing Zones (EPZs). Banks operated the services with Bangladesh Bank approval without any separate law for an offshore banking system until the enactment of the Offshore Banking Act, 2024.
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The public bank of a municipal government; City Bank (Bangladeshi bank) City bank (Japan), a term used to describe the mega banks in Japan; City Bank of Montreal (1833–1876) Citibank, a U.S. based bank formerly known as the City Bank of New York; Siam City Bank (1941–2010), a Thai bank; City Bank building, a building in Australia; Taipei ...
BRAC Bank is known for its focus on small and medium-sized enterprises (SMEs). [5] The bank has a network of over 187 branches, 457 SME unit offices, and over 329 ATMs, 10 CDMs, 68 RCDMs across the country. In addition to traditional banking services such as deposits, loans, and card, BRAC Bank also offers digital banking, including online ...