BRAC Bank achieved a 32 per cent growth in its net profit for 2022.The private bank and its subsidiaries registered a profit of Tk 612 crore in the last financial year, up from Tk 465 crore in 2021, Brac Bank said in a statement.In 2022, BRAC Bank s standalone net profit after tax was Tk 576 crore, representing a 3.90 per cent increase from the previous year s Tk 555 crore.Despite the stressed industry conditions, the bank delivered strong balance sheet growth, with customer deposits growing by 24 per cent and loans and advances increasing by 28 per cent.The bank s financial and operational accomplishments for FY2022 and earnings were unveiled during a virtual earnings disclosure event on April 30. The event, broadcast live on social media, was attended by investment analysts, portfolio managers, and capital market experts from local and foreign markets who were the bank s stakeholders.BRAC Bank s Managing Director and CEO Selim R F Hussain and other senior officials presented the financial results, operational achievements and the bank s strength. They outlined the bank s strategic focus for the future.Regarding BRAC Bank s financial results for FY2022, Selim R F Hussain said that the bank has delivered strong growth in line with its medium-term strategy. BRAC Bank s growth in deposits and loans is well above the industry average and this is a testament to the customers trust in the bank and its long-term sustainability.He said the bank in last year has significantly upgraded its digital services and customer propositions. We plan to continue this momentum and double our business by 2025. BRAC Bank is recognised by all stakeholders as a role model for corporate governance, compliance and values-based banking in Bangladesh. We would like to thank our Chairman and Board of Directors for their counsel, the central bank for their guidance and our customers for their unwavering trust in BRAC Bank, he added.