Banking
Saarc nations contribute below 1% of remittance to Bangladesh
Of the $21.61 billion remittance Bangladesh received in FY23, only $44.99 million came from Saarc countries
Mansur Mustafa appointed managing director of IFIC Bank
Syed Mansur Mustafa has been appointed as the managing director of IFIC Bank.
Remittance rises 32% in May
$2.25 billion remittance came in May this year, up from last year same month's $1.7 billion
Stocks fall for third straight day
The benchmark index declined 18.29 points from the previous day to 5,233.67
AB Bank, Mana Bay Water Park strike MoU on services benefits
AB Bank recently signed a memorandum of understanding (MoU) with Mana Bay Water Park, a premium water park located in Gazaria, Munshiganj.
BRAC Bank wins ‘Climate-focused Bank in Bangladesh’ award
BRAC Bank has been honoured with the “Climate-focused Bank in Bangladesh” award at the 24th session of the National Renewable Energy Conference and Green Expo for its strong commitment to sustainability.
Mercantile Bank announces 10% cash dividend
Mercantile Bank recently announced a 10 percent cash dividend for the year that ended on December 31, 2023.
Prime Bank declares 17.5% cash dividend
Prime Bank announced a 17.5 percent cash dividend for the year that ended on December 31, 2023.
Pubali Bank launches co-branded Visa debit and credit cards with BSMMU
Pubali Bank today signed an agreement with Bangabandhu Sheikh Mujib Medical University (BSMMU) to launch co-branded Visa debit and credit cards.
StanChart invests in the future of business education at IBA
Standard Chartered Bangladesh and the Institute of Business Administration (IBA) of the University of Dhaka recently launched a number of new facilities -- a conference centre and a teacher’s lounge, along with a fully landscaped garden area.
City Bank gets new DMD
City Bank has recently appointed an official to the post of deputy managing director (DMD).
No vessel could come back to jetty for rough sea
Cargo delivery resumed partially, but major operational activities remained suspended
Bangladesh Bank officials demand restoration of job benefits
The Bangladesh Bank Officers’ Welfare Council will place their demand to the BB governor
Citizens Bank organises training session
Citizens Bank recently organised a training programme, styled “Exploring Business Through Vibrant Sales Team”, at the bank’s head office in Dhaka.
NRB Bank strikes deal with Water Garden Resort & Spa
NRB Bank recently signed an agreement on services and benefits with Water Garden Resort & Spa.
Payment for foreign loans surges 44% in Jul-Apr
The principal amount plus interest payments for foreign debt rose to $2.81 billion this year, up from previous year’s $1.95 billion
‘Bangladesh hardly utilising Asian regional trade potential’
Finds a study conducted by former Bangladesh Bank governor Atiur Rahman
Jamuna Bank awarded at 24th National Renewables Energy Conference
Jamuna Bank has been recognised as one of the best climate-focused banks in Bangladesh at the 24th National Renewables Energy Conference and Green Expo in recognition of the bank’s unwavering commitment to sustainability and responsible banking practices.
