BRAC, Elite Security sign payroll deal

DHAKA, Dec. 5 (nsnewswire) — BRAC Bank Limited and Elite Security Services Ltd have signed a payroll agreement recently.

Under the deal, BRAC Bank will provide payroll related services including salary disbursement, loan facility, credit card facility etc. to the employees of Elite Security Services Ltd.

Firoz Ahmed Khan, Head of Retail Banking Division, BRAC Bank, and Sharif Shaham, Director, Elite Security Services Ltd., signed the agreement on behalf of the respective organizations.

About BRAC Bank :

BRAC Bank is one of country’s fastest growing banks. With 155 branches, more than 350 ATMs, 400 SME Unit Offices and over 8,000 human resources, BRAC Bank operation now cuts across all segments and services in financial industry. With more than 1.2 Million Customers, The bank has already proved to be the largest SME Financier in just 12 years of its operation in Bangladesh and continues to broaden its horizon into Retail, Corporate, SME, Probashi and other arenas of banking.

In 2013 BRAC Bank has received the prestigious ‘The Asian Banker Best Managed Bank in Bangladesh’. In the year: 2010, BRAC Bank has been recognized as Asia’s most Sustainable Bank in Emerging Markets by the Financial Times and IFC. The Bank is the country’s first founder member of Global Alliance for Banking on Values (GABV) – a network of the world’ leading sustainable banks.