Banking
IFIC Bank gets new AMD
IFIC Bank has recently promoted an official to the post of additional managing director (AMD).
Mahbubur, Jahangir elected PDBL chairman, vice-chairman
Syed Mahbubur Rahman, managing director and CEO of Mutual Trust Bank, and Mohammad Jahangir, managing director and CEO of Rupali Bank, have been elected as chairman and vice-chairman respectively of Primary Dealers Bangladesh Limited (PDBL).
NRB Bank, AMZ Hospital sign deal on service facilities
NRB Bank has recently signed an agreement with AMZ Hospital Ltd on service facilities.
Prime Bank wins 3 awards at Asset Triple A Awards 2023
Prime Bank won accolades in three categories at The Asset Triple A Awards 2023 in Bangladesh for its contribution to sustainable finance.
SBAC Bank launches ‘SBAC Smart Banking Services’
SBAC Bank recently launched a new digital products platform, styled “SBAC Smart Banking Services”, in celebration of the bank’s 11th founding anniversary.
Bangladesh Bank says ‘reserve heist’ report is fake
It was “absolutely fake” news, Bangladesh Bank spokesman Mezbaul Haque said today.
BRAC Bank to get $50 million loan from British International Investment
The bank will support 3,500 MSMEs and women-led businesses in Bangladesh
Steel prices set to rise in Bangladesh: analysts
The US dollar rate hikes will fuel steel raw material cost, they said at Bangladesh International Trade Summit
Bank Asia’s first-quarter profit down 41% due to higher provisions
Bank Asia PLC’s profit plunged 41 percent year-on-year to Tk 77.88 crore in the first quarter of 2024
BD-Turkey can be trade gateways between Europe, South & SE Asia
Turkish business leaders discussed bilateral trade potential with FBCCI president
LafargeHolcim’s profit drops for first time since 2022's Q1
The cement maker’s turnover fell 3%, profit 15% in Jan-Mar
Reserves fall below $19 billion, first time in 11 months
$1.63 billion of ACU payment was settled today
Deal for country’s second satellite in three months
The satellite, Bangabandhu-2, will be launched in 3 years
SBAC Bank’s profit up 41% in first quarter
SBAC Bank PLC’s profit surged 41 percent year-on-year to Tk 19.78 crore in the first quarter of 2024.
Sonali, BDBL sign MoU to proceed with merger plan
Sonali Bank and Bangladesh Development Bank PLC (BDBL) have finally decided to start proceedings to merge their operations today
Southeast Bank’s profit declines 36% in first quarter
Southeast Bank made a profit of Tk 92.15 crore in the first quarter of 2024, a decrease of 36 percent year-on-year
Southeast Bank provides financial aid to farmers from CSR fund
Southeast Bank recently provided financial assistance to grassroots level farmers across the country from the bank’s corporate social responsibility (CSR) fund to help their cultivation and facilitate purchases of agri-based machinery.
Premier Bank’s profit grows 8%
Premier Bank reported an 8 percent year-on-year profit of Tk 79.02 crore in the first quarter of 2024
