BRAC Bank has recently launched "TARA Uddokta" - an interest-bearing current account specially designed for women entrepreneurs.
"TARA Uddokta" offers reduced fees, along with higher interest rates, exclusive cashback offers, and special pricing on insurance products for women entrepreneurs, said a press release.
A TARA Uddokta account can be opened with one thousand taka only. Apart from that, TARA Uddokta offers free issuance of debit cards, health insurance packages with exclusive pricing, special merchant service rate on POS machines, welcome vouchers from different lifestyle brands with a debit card, and many more.
Women entrepreneurs can also get assistance with legal document preparation and renewal, and opportunities to participate in training and knowledge sharing programs organized by TARA.
Syed Abdul Momen, Head of SME Banking at BRAC Bank, said: "BRAC Bank is recognised for leading the SME growth in Bangladesh. We are also known for championing the women's economy, and its advancement will remain as one of our core focuses in terms of products and offers. We believe that TARA Uddokta will smoothen the journey of our women-led SMEs in attaining their full potential."