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BRAC Bank Wins ADB Award For Advancing Women’s Banking

Prime Highlights-

  • BRAC Bank wins ADB’s Women in Business Champion Award for advancing women’s banking access.
  • The award recognises TARA’s SME Women Entrepreneur Cell for empowering women led businesses.

Key Facts-

  • Farhana Sharmin Sumi and Zakia Jalil received the award on the bank’s behalf.
  • ADB officials Keiko Nowcka, Steven Beck and Neha Noronha attended the ceremony.

Background-

BRAC Bank PLC has been named the winner of the Women in Business Champion Award at the Asian Development Bank’s 12th Trade and Supply Chain Finance Program Awards in Singapore.

The award reflects the bank’s growing success in expanding financial access, building entrepreneurial skills and creating a supportive banking environment for women led businesses. Much of this progress stems from TARA, BRAC Bank’s dedicated women’s banking proposition, and its SME Women Entrepreneur Cell.

Through customised financial products, advisory services and capacity building programmes, the cell has supported women entrepreneurs in overcoming operational barriers, formalising their businesses and scaling operations, helping generate employment and drive economic growth across Bangladesh.

Farhana Sharmin Sumi, senior HR business partner for retail banking and treasury, and Zakia Jalil, head of Unit-2 within corporate, commercial and institutional banking, accepted the award on the bank’s behalf, a press release confirmed.

Representatives from the Asian Development Bank attended the ceremony, including Keiko Nowcka, director and head of the Gender Equality Division, Steven Beck, director and head of the Trade and Supply Chain Finance Division, and Neha Noronha, who heads the South Asia unit within the Trade and Supply Chain Division.

BRAC Bank’s managing director and CEO, Tareq Refat Ullah Khan, said the award strengthens the bank’s conviction that supporting women entrepreneurs plays a vital role in shaping a more inclusive and resilient economy. He dedicated the recognition to the many women entrepreneurs whose determination and vision continue to motivate the bank’s work.