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 Muntaqa Saif Rifat -393
Md. Sibgat-Ullah – 389
Abu Bakar Siddique - 367
 BRAC Bank Limited

Compensation Theory & Practice of BRAC Bank Limited

 Introduction

BRAC Bank Limited, a scheduled commercial Bank,

commenced its business operation in Dhaka, Bangladesh on 4
July 2001. The Bank is mainly owned by the largest NGO in
Bangladesh – BRAC. The Bank has positioned itself as a new
generation Bank with a focus to meet diverse financial needs of a
growing and developing economy. The Bank has embarked with
an avowed policy to promote broad based participation in the
Bangladesh economy through the provision of high quality
banking service based on latest information technology.
 Goals

BRAC Bank will be the absolute market leader in the number of

loans given to small and medium sized enterprises throughout
Bangladesh. It will be a world – class organization in terms of
service quality and establishing relationships that help its
customers to develop and grow successfully.
 Corporate Vision

Building profitable and socially responsible financial institution

focused on Market and Business with Growth potential, thereby
assisting BRAC and stakeholders to build a just, enlightened,
healthy democratic and poverty free Bangladesh.
 Corporate Mission

 Sustained growth in Small & Medium Enterprise sector.

 Continuous low-cost deposit Growth with controlled
growth in retail assets.
 Continuous endeavor to increase non-funded income.
 Core Values

 Value the fact that one is a member of the BRAC family.

 Creating an honest, open and enabling environment.
 Strive for profit & sound growth.
Products & Service of BRAC Bank LTD

Deposit Products

Special Services Loan Products

PRODUCTS

&

SERVICES
Foreign Exchange Card

Products

Locker Services
 Recruitment & Selection
An effective recruitment always starts with the correct selection
of sources of human resources. A recruited employee who has
not the right skill cannot perform effectively. As a result the
overall performance level is sure to deteriorate which has
significant effect on the company performance. Therefore, Brac
Bank has been on continuous search of effective recruitment
sources

1 - Internal Sources
2 - External Sources
 Recommendation

 To perform reconciliation process properly, the bank should

recruit efficient employees for reconciliation department.
 The bank should implement strict and continuous monitoring
system to perform reconciliation process properly.
 The bank should increase various facilities to motivate the
employees in the department.
 Conclusion

Though BRAC Bank Ltd is the first growing SME bank in

banking sector, it has good future. The bank is trying to show
some different examples in banking section.
THANK YOU