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BRAC Bank deputy managing director and retail banking head Md Mahiul Islam, on behalf of the bank, receives ‘Best Bank in the Private Sector’ award at Commonwealth Business Excellence Awards 2025 in Kuala Lumpur, Malaysia on Friday. | Press release photo

BRAC Bank on Friday was honoured with the title of ‘Best Bank in the Private Sector’ of Bangladesh at Commonwealth Business Excellence Awards 2025 held in Kuala Lumpur, Malaysia, said a press release.

BRAC Bank deputy managing director and retail banking head Md Mahiul Islam accepted the award at a gala ceremony hosted at Concorde Hotel.


The accolade recognises BRAC Bank’s outstanding achievements in business excellence, innovation, customer-centric governance and its contributions to the people, community and the nation, it said.

Corporate leaders and dignitaries from across the Commonwealth convened in Kuala Lumpur to celebrate the achievements of award-winning institutions.

On receiving the award, Tareq Refat Ullah Khan, managing director and chief executive officer (current charge) of BRAC Bank, said, ‘We are honoured to receive this international recognition. As a torchbearer of governance, values, ethics and sustainability, this award reflects the stature of BRAC Bank.’

‘We extend our heartfelt gratitude to our valued customers and stakeholders whose trust and confidence enable us to achieve such global recognition. This honour will further inspire us in our journey to become the most trusted, inclusive, and innovative bank in Bangladesh,’ he said.

The Commonwealth Business Excellence Awards is an annual recognition programme that honours organisations across the commonwealth nations for their pursuit of global best practices, operational excellence and sustainable impact.

The awards also highlight organisations’ commitments to social responsibility, ethical conduct and environmental stewardship.

BRAC Bank’s consistent financial performance, strong growth momentum, robust governance standards, highest market capitalisation, the largest shareholding by international investors, and top-tier credit ratings from global agencies S&P and Moody’s have reinforced its leadership position in the banking industry of Bangladesh, the release said.