SME Finance Forum member BRAC Bank won the “Most Innovative SME Bank” award from International Finance Publications Ltd. BRAC Bank’s head of SME banking, Syed Abdul Momen, formally received the award from Sunil Bhat, director, International Finance, at the International Finance Awards 2018, held at Grand Hyatt Erawan Hotel in Bangkok, Thailand on January 25.

Upon receiving this international award, BRAC Bank’s managing director and CEO, Selim RF Hussain said that the bank’s unique SME network, business-oriented products and passionate employees have all been instrumental to winning the recognition. BRAC Bank’s SME banking cuts across cottage, small, micro, medium and emerging business segments with customised solutions. With its network of 460 SME unit offices and dedicated CROs and RMs, the bank takes financing solutions to the doorsteps of the SME entrepreneurs in rural and semi-urban Bangladesh. He added that the award will truly inspire the bank to take SME financing to newer heights.