On November 26, 2024, BRAC Bank and Robi Axiata Limited announced a strategic partnership to enhance financial operations with comprehensive cash management services. The collaboration allows Robi to benefit from BRAC Bank’s advanced transaction banking solutions, including streamlined collection, payment, and liquidity management. With access to 187 branches, 62 sub-branches, and 1,114 Agent Banking Outlets nationwide, Robi can manage receivables efficiently, even beyond standard banking hours and during holidays.
The partnership also leverages BRAC Bank’s internet banking platform, CORPnet, for 24-hour payment processing, aiding Robi in streamlining collections from its distributors. The agreement was signed at BRAC Bank’s Head Office in Dhaka by the Deputy Managing Director and Head of Corporate & Institutional Banking at BRAC Bank and the Chief Financial Officer of Robi Axiata. This collaboration highlights BRAC Bank’s leadership in transaction banking and its commitment to providing innovative, client-focused solutions.
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