When was BRAC Bank founded?

BRAC Bank was founded in 2001 and raised its 1st funding round 9 years after it was founded.

Where is BRAC Bank located?

BRAC Bank is headquartered in Dhaka, Bangladesh.

How many employees does BRAC Bank have?

As of Sep 30, 2026, the latest employee count at BRAC Bank is 7390.

Is BRAC Bank a funded company?

BRAC Bank is a funded company, having raised a total of $42M across 6 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on 2010.

When was the latest funding round of BRAC Bank?

BRAC Bank's latest funding was a $***** Conventional Debt round on Jan 19, 2021, with participation from 1 investor.

Where does BRAC Bank rank among its competitors?

BRAC Bank ranks 1st amongst 58 active competitors, only 1 of which is funded. Prime Bank, which secured $20M in Jan, 2026.

Who are the top competitors of BRAC Bank?

BRAC Bank's top competitors include Scotiabank, Mutual Trust Bank and Standard Bank. Among them, Prime Bank secured the most recent funding round in January, 2026.

BRAC Bank - 2026 Company Profile, Funding & Competitors

Company Details

Website: bracbank.com/en
Social
Email ID: *****@bracbank.com

Key Metrics

Founded Year

2001

Location

Dhaka, Bangladesh

Stage

Late Stage

Total Funding

$42M in 6 rounds

Latest Funding Round

Conventional Debt, Jan 19, 2021, $*****

Investors

Norfund & 6 more

Ranked

1^st among 58 active competitors

Employee Count

7,390 as on Sep 30, 2026

Similar Companies

Standard Chartered & 20420 more

View BRAC Bank's full profile

BRAC Bank has raised a total funding of $42M over 6 rounds. Its first funding round was on 2010. Its latest funding round was a Conventional Debt round on Jan 19, 2021 for $*****. 1 investor participated in its latest round. BRAC Bank has 7 institutional investors.

Here is the list of recent funding rounds of BRAC Bank:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 19, 2021	9729175	Conventional Debt	3599803	7031133	2103820	5630621
Oct 02, 2019	1220929	Conventional Debt	3262281	8722553	5241002	British International Investment
Apr 08, 2018	4181061	PE	8132736	2524813	IFC Asset Management Company	8403388

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View details of BRAC Bank's funding rounds and investors

BRAC Bank's employee count trend

BRAC Bank has 7,390 employees as of Sep 26. Here is BRAC Bank's employee count trend over the years:

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Top competitors of BRAC Bank include Scotiabank, Mutual Trust Bank and Standard Bank. Here is the list of Top 10 competitors of BRAC Bank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BRAC Bank 2001, Dhaka (Bangladesh), Late Stage	Commercial bank	$42M	IFC Asset Management Company, IFC & 5 others	72/100
2nd	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	70/100
3rd	Mutual Trust Bank 1999, Dhaka (Bangladesh), Funding Raised	Retail bank	-	Swedfund, BIO Invest & 1 others	59/100
4th	Standard Bank 1999, Dhaka (Bangladesh), Funding Raised	Commercial bank	-	-	59/100
5th	Bank Asia Limited 1999, Dhaka (Bangladesh), Unfunded	Commercial bank with presence in Bangladesh	-	-	58/100
6th	Social Islami Bank 1995, Dhaka (Bangladesh), Series C	Commercial bank	$57.9M	-	58/100
7th	Prime Bank 1995, Dhaka (Bangladesh), Early Stage	Commercial bank	$25M	FMO, British International Investment & 4 others	58/100
8th	Pubali Bank 1959, Dhaka (Bangladesh), Funding Raised	Commercial bank	-	British International Investment	57/100
9th	AB Bank 1981, Dhaka (Bangladesh), Unfunded	Commercial bank	-	-	56/100
10th	The Premier Bank 2003, Dhaka (Bangladesh), Unfunded	Commercial bank with presence in Bangladesh	-	-	54/100