EBL wins ‘Visa Excellence Awards’

Eastern Bank PLC has won “Visa Excellence Awards” in four categories in the “Visa Leadership Conclave – Towards a Cashless, Smart Bangladesh 2023”.

4d ago

StanChart completes Taka-Rupee transaction for Walton

This is the first BDT-INR export transaction for Bangladesh’s electronics industry

4d ago

Rules eased for IRIDP-3 Social Impact Sukuk

Until now, banks and financial institutions were allowed to trade the bond at a face value of Tk 5,000 crore

5d ago

Female participation through agent banking rising

Bangladesh Bank data finds

5d ago

SBAC Bank CEO resigns

He cited personal reasons for the resignation

1w ago

Islami Bank share sees record transaction

Tk 524 crore worth of shares of the bank change hands at Ctg bourse today

2w ago

Refrain from transacting with US sanctioned Burmese banks: BB

The banks are: Myanmar Foreign Trade Bank and Myanmar Investment and Commercial Bank

2w ago

Rules relaxed for hiring of former bankers as directors

One can be a bank director five years after retirement or contract

2w ago

Banks hike dollar rates

Tk 109.5 for purchase, Tk 110 for sell

3w ago

ACC seeks bank account details of SK Sur Chowdhury, his spouse, daughter

A probe is going on for their alleged involvement with PK Halder

3w ago

Zaved Akhtar, new chairman of Unilever Bangladesh

He will continue to lead the Bangladesh business as managing director

3w ago

Licences of seven foreign exchange houses suspended

The seven are York Money Exchange Ltd, Zaman Money Changing House, Jeni Money Exchange, Standard Money Exchange Ltd, Mercy Money Exchange Co Ltd, JB Money Exchange, and Bengal Money Exchange.

3w ago

Mercantile Bank’s suffix changed to PLC from Limited

The change comes into effect today

3w ago

EBL, Pran sign interest swap deal

The bank will pay Pran at 7%, but Pran will repay at an interbank repo rate

BB allows Nagad to surrender NBFI licence

Nagad wants to establish a digital bank

LankaBangla Finance becomes LankaBangla Finance PLC

Companies are switching to the PLC (Public Limited Company) suffix in order to comply with the amended Company Act 1994

S&P downgrades multiple US banks

Funding risks and weaker profitability will likely test the sector's credit strength

Pathao wants to establish digital bank

Pathao, Bangladesh’s one of largest digital services company, has applied for a licence to set up a digital bank and extend banking services through its proposed Pathao Digital Bank.