Banking
Administrator appointed for Swadesh Islami Life Insurance
Sk Md Rezaul Islam, former additional secretary, will be the new administrator with immediate effect
Midland Bank’s profit falls 58% in January-March
Midland Bank recorded a profit of Tk 7.4 crore in the January-March quarter of 2024, a decline of 58 percent year-on-year.
Lending through agent banking rises 41%
Agents disbursed Tk 16,482.5 crore loans as of March this year, up from Tk 11,667 crore in March last year
BB lets bankers offer existing dollar rate to exporters
In its effort to arrest the fall in forex reserves and bring unrealised export proceeds into the country, the Bangladesh Bank today allowed bankers to offer the existing US dollar exchange rate to exporters.
ABB clarifies reasons of bank MDs' USA visit
26 managing directors are going on invitation to attend Annual US-Bangladesh Bilateral Banking Dialogue
Global Islami Bank opens two sub-branches
Global Islami Bank has opened two sub-branches at Sarulia of Narayanganj and Dhorkora of Cumilla today.
Azizur Rahman appointed as AMD of City Bank
City Bank recently promoted an official to the post of additional managing director (AMD).
NRBC Bank donates Tk 20 lakh to Anjuman Mufidul Islam
NRBC Bank has donated Tk 20 lakh to Anjuman Mufidul Islam as part of its corporate social responsibility activities.
BRAC Bank logged 35% higher profit in 2023
BRAC Bank logged a 35 percent higher consolidated net profit after tax in 2023 amid challenging market conditions.
Al Arafah Islami Bank's first-quarter profit up 21 percent
Al-Arafah Islami Bank PLC reported a profit of Tk 25.92 crore in the first quarter of 2024.
Southeast Bank provides financial aid to farmers thru Gana Unnayan Kendra
Southeast Bank recently provided financial assistance to grassroots level farmers across the country from its special corporate social responsibility fund to help their cultivation and facilitate purchases of agri-machinery.
Prime Bank launches PrimeAcademia to transform academic banking
Prime Bank has signed an agreement with Bluebird High School and College as the first educational institute after launching PrimeAcademia, a banking solution of the bank tailored for academic institutions, teachers and students across the country.
Bank Asia wins IFC’s ‘Best Trade Partner Bank in South Asia’ award
Bank Asia PLC has been awarded as the “Best Trade Partner Bank in South Asia” at the International Finance Corporation's (IFC's) Global Trade Partners Meeting in Spain.
Bangladesh Krishi Bank’s losses up 78% in FY23
Bangladesh Krishi Bank (BKB), a state-owned lender, reported a 78 percent year-on-year increase in losses for the fiscal year that ended on June 30, 2023
Trust Bank opens relocated Kalabagan branch
Trust Bank recently opened its relocated and renamed Kalabagan branch at Green Landmark on Mirpur Road in the capital’s Kalabagan.
Southeast Bank provides financial aid to farmers thru Ghashful
Southeast Bank recently provided financial assistance to grassroots level farmers across the country from its special corporate social responsibility (CSR) fund to help their cultivation and facilitate purchases of agri-machinery.
Midland Bank strikes deal to offer Pragati’s insurance products
Midland Bank recently signed a bancassurance agreement with Pragati Insurance, a non-life insurance company.
IFIC Bank launches campaign on women in technological advancement
IFIC Bank recently launched a campaign, styled “IFIC Bank Stands Beside Women in Technological Advancement”, at the Chittagong Government Girls High School in the port city, celebrating “World Telecommunication and Information Society Day”.
