New platform reduces paperwork, enables real-time tracking and speeds up trade services for corporate clients
Press Release
19 October, 2026, 03:20 pm
Last modified: 19 October, 2026, 03:22 pm
BRAC Bank has introduced Digital Trade Solutions on CORPnet, its digital platform for wholesale banking clients, bringing key trade services into a single channel where businesses can initiate requests, submit instructions and monitor progress.
Tareq Refat Ullah Khan, managing director and CEO of BRAC Bank, launched the solution at Radisson Blu Water Garden Hotel in Dhaka on 18 October, 2026, in the presence of wholesale banking clients, according to the press release.
Md Shaheen Iqbal, CFA, additional managing director and head of wholesale banking, and other senior officials also attended.
BRAC Bank, which described itself as the industry's fastest-growing trade bank, said it was modernising trade operations to meet rising customer expectations.
The platform reduces paperwork and visits to bank counters while enabling real-time transaction tracking. Customised management information reports and AI-enabled processing support cash flow planning, working capital management and business decision-making.
"We have adopted the world's best-in-class digital trade solutions. This is an important milestone in our trade finance transformation. By digitising and streamlining trade operations, we are enhancing transparency, control, and efficiency while enabling us to serve corporate clients faster and more reliably. This advancement brings us closer to our ambition of becoming Bangladesh's most preferred trade bank by consistently delivering superior value to our customers," said Tareq Refat Ullah Khan.
The platform covers import and export transactions from start to finish. Services include letters of credit, shipping guarantees, import payments, export documents, pre- and post-shipment financing, and bank guarantees.
Clients can also access customised reports, an interactive dashboard, SWIFT copies, real-time balances and credit limits, alongside secure correspondence with the bank.
BRAC Bank said two independent, certified security layers protect each trade transaction: one at the CORPnet platform level and another at the application level through its trade module partner.
The bank described these safeguards as consistent with its positioning as the country's safest bank.
CORPnet is supported by the bank's ISO 27001-certified information security management system, a round-the-clock Security Operations Centre, penetration testing, red-team exercises and independent third-party assessments.
The trade module also incorporates role-based access control.