Dhaka, May 4 -- Around 500,000 Bangladeshi women now perform their transactions under a unified offering of BRAC Bank's flagship women's banking platform TARA.

On its ninth anniversary, a statement from the bank said the platform has evolved into a comprehensive two-part ecosystem that currently represents approximately 25 percent of the nation's retail banking deposits held by women.

Launched on May 4, 2017, TARA was designed to engage women at different stages of their financial journeys, the statement added.

The platform is built on two interconnected pillars -- TARA Retail and TARA SME -- which assist women from opening their first bank account to managing and expanding their own businesses.

What began as an inclusive banking init...