Equity Note on BRAC Bank PLC. (BRACBANK)
BRAC Bank PLC. (BRACBANK) is one of the largest private commercial banks in Bangladesh, operating through 187 branches, 40 sub-branches, 457 SME offices and over 1000 agent banking outlets. The third-generation bank is sponsored and majority-owned (46.2%) by BRAC, the world's largest NGO and a pioneer in microfinance that provides BRACBANK a competitive advantage in the SME segment. Moreover, the bank is a market leader in the mobile financial services industry through its subsidiary, bKash Limited (bKash), which provides electronic payment and remittance services.
EBL Securities Ltd. (EBLSL) is one of the fastest growing full-service institutional brokerage companies in Bangladesh. On top of our expertise and achievements, we take pride in our strong commitment towards excellent client services and development of the Bangladesh capital markets.
EBLSL is a fully owned subsidiary of Eastern Bank Limited (EBL), one of the leading private commercial banks of Bangladesh. EBLSL is one of the TOP-10 brokerage companies of Bangladesh.
We have unwavering faith in the potential of Bangladesh. We also believe that an efficient, vibrant and transparent capital market can strongly contribute to the overall development of Bangladesh. Bangladesh is currently at the initial stage of capital market growth, and we are committed to assist the entry of early movers into a growth-oriented, vibrant, nascent emerging market.
EBLSL has developed a disciplined approach towards providing capital market services. The foundation for our business is a strong commitment towards market experience & professionalism, investment knowledge, market intelligence and research services.
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