BRAC Bank has entered into a strategic agreement with Nippon Paint Bangladesh to provide advanced transaction banking solutions, aimed at enhancing the company’s financial management across its dealer and distributor network. The collaboration seeks to strengthen receivables management, improve operational efficiency, and ensure transparency in all cash collection and reconciliation processes.
Under the terms of the agreement, Nippon Paint will integrate with BRAC Bank’s digital transaction banking platform, ‘Corponet’, via an API-based solution. This integration will allow real-time tracking of payments from approximately 200 distributors directly within Nippon Paint’s Enterprise Resource Planning (ERP) system. As a result, the company will gain immediate visibility of its cash flows, simplify reconciliation procedures, and enhance financial control across its distribution network.
The signing ceremony took place on 14 January 2026 at BRAC Bank’s headquarters in Dhaka. Senior representatives from BRAC Bank who attended included:
| Position | Name |
|---|---|
| Deputy Managing Director & Head of Wholesale Banking | Md. Shaheen Iqbal, CFA |
| Deputy Managing Director & Head of Corporate, Commercial & Institutional Banking | Asif Bin Idris |
| Head of Transaction Banking | A.K.M. Faisal Halim |
| Area Head, Relationship Unit | S.M. Musa |
Nippon Paint Bangladesh was represented by General Manager Rajesh Sircar, Senior Manager Salah Uddin, and other senior officials.
Through this initiative, BRAC Bank reaffirms its commitment to empowering corporate clients with technology-driven transaction banking services. The partnership is expected to significantly enhance institutional efficiency, promote transparency, and instil greater confidence among Nippon Paint’s dealer and distributor network. Moreover, it positions BRAC Bank as a reliable financial partner supporting sustainable business growth for corporate clients.
Industry analysts note that integrating advanced banking solutions with ERP systems is a transformative step for corporate financial management. By enabling real-time visibility of cash inflows, organisations can make quicker, more informed decisions, reduce operational risks, and improve overall financial governance. This partnership between BRAC Bank and Nippon Paint thus marks a significant milestone in digitalising corporate transaction processes in Bangladesh.
With this collaboration, Nippon Paint is set to streamline its cash collection operations, achieve faster reconciliation, and maintain tighter financial oversight, ensuring long-term operational efficiency and growth within its distribution network.