Community Bank signs 3-year deal with West Zone Power Distribution Company

Community Bank Bangladesh PLC has signed a three-year agreement with West Zone Power Distribution Company Limited to facilitate the collection of all categories of electricity bills across the company’s western region..Kimiwa Saddat, managing director (current charge) of the bank, and Md A
17 July 2025, 15:24 PM

Prime Bank maintains strong standing in sustainability rating

The Bangladesh Bank recognised Prime Bank PLC in the “Sustainability Rating 2024”, marking the third consecutive year of receiving this achievement..This accolade underscores the bank’s steadfast commitment to sustainability, particularly in areas such as green refinancing, sustainable cor
17 July 2025, 14:31 PM

Singer Bangladesh signs MoU with Buet

Singer Bangladesh Limited has signed a memorandum of understanding (MoU) with the Bangladesh University of Engineering and Technology (Buet) to collaborate on a range of initiatives, including research and development (R&D) projects, knowledge sharing and workshops, internship programmes, job va
17 July 2025, 14:22 PM

BB honours Sri Lankan bankers for foiling 2016’s reserve heist

Officials from Pan Asia Banking Corporation helped thwart the $20 million cyber fraud attempt
17 July 2025, 14:20 PM

10 banks rated sustainable in BB’s 2024 evaluation

Bangladesh Bank first introduced the sustainability rating system in 2020
16 July 2025, 18:41 PM

NBR official suspended for leaking ‘state secrets’

The government yesterday suspended an official of the National Board of Revenue on allegations of breaching service discipline by ‘disclosing a highly confidential state document’.
16 July 2025, 18:33 PM

Currency paradox: Why is BB buying dollars?

After years of depreciation that saw the taka lose nearly 30 percent of its value against the US dollar since the Covid-19 pandemic, the local currency is finally showing signs of strength.
16 July 2025, 18:26 PM

LR Global to be asked to take back investment in bdnews24.com: BSEC

It has to return the fund in 30 days or face a Tk 60 crore fine, the regulator says
16 July 2025, 14:27 PM

United Commercial Bank pens MoU with National Pension Authority to expand UPS

United Commercial Bank PLC (UCB) has signed a memorandum of understanding (MoU) with the National Pension Authority (NPA), marking a significant advancement in enhancing the accessibility and operational efficiency of the Universal Pension Scheme (UPS) in Bangladesh..Md Mahiuddin Khan, exe
16 July 2025, 13:57 PM

BASIC Bank inks MoU with National Pension Authority

State-owned BASIC Bank Limited has recently signed a memorandum of understanding (MoU) with the National Pension Authority (NPA) to support and streamline the implementation of the Universal Pension Scheme..Md Mahiuddin Khan, executive chairman of the NPA, and Md Quamruzzaman Khan, managin
16 July 2025, 13:48 PM

EXIM Bank strikes MoU with National Pension Authority

EXIM Bank PLC has recently signed a memorandum of understanding (MoU) with the National Pension Authority (NPA) to facilitate the collection of registration fees and monthly instalments for various schemes under the Universal Pension Scheme..Abdul Aziz, managing director (current charge) o
16 July 2025, 13:45 PM

Bank Asia signs MoU with National Pension Authority

Bank Asia PLC has signed a memorandum of understanding (MoU) with the National Pension Authority (NPA) to support the implementation of various schemes under the Universal Pension Scheme (UPS), a significant step towards promoting financial security for citizens across all socio-economic segment
16 July 2025, 13:42 PM

Prime Bank hosts engagement session with corporate clients

Prime Bank PLC recently hosted a daylong engagement session with its corporate banking clientele, fostering meaningful dialogue and collaboration on the evolving business environment..The event brought together distinguished corporate clients for in-depth discussions, the exchange of ideas
16 July 2025, 13:37 PM

Janata Bank achieves 95% deposit target

State-owned Janata Bank PLC has amassed deposits totalling Tk 109,810 crore by the end of December 2024, achieving 95.49 percent of its annual target despite a challenging economic environment..The figure was revealed at the bank’s 18th annual general meeting (AGM), held at its head office
16 July 2025, 13:34 PM

BB buys $313m more from 22 banks

Bangladesh Bank purchased another $313 million from 22 commercial banks in an auction yesterday, reacting to the sharp drop in the US dollar rate.
15 July 2025, 18:00 PM

Reverse repo rate cut by 50 basis points

Bangladesh Bank (BB) has lowered the standing deposit facility rate, also known as the reverse repo rate, by 50 basis points to 8 percent, with effect from today.
15 July 2025, 18:00 PM

Romo Rouf Chowdhury re-elected chairman of Bank Asia

Romo Rouf Chowdhury has been re-elected as the chairman of Bank Asia PLC..The reappointment was confirmed at a recent meeting of the bank’s board of directors, held at its head office in Dhaka, according to a press release issued by the bank..Chowdhury is a sponsor shareholder and sp
15 July 2025, 14:20 PM

ONE Bank celebrates 26th founding anniversary

ONE Bank PLC has celebrated the 26th anniversary of the commencement of its commercial operations in Bangladesh’s banking industry..To mark the occasion, the bank organised a series of programmes across its branches and corporate head office nationwide..ASM Shahidullah Khan, chairman
15 July 2025, 14:18 PM

Social Islami Bank signs MoU with National Pension Authority

Social Islami Bank PLC has recently signed a memorandum of understanding (MoU) with the National Pension Authority (NPA) to facilitate seamless registration, contribution collection, and API integration under the Universal Pension Schemes..Md Mahiuddin Khan, executive chairman of the NPA,
15 July 2025, 14:15 PM

Mastercard, Mutual Trust Bank and Pathao unveil youth-focused prepaid cards

Global digital payment solutions provider Mastercard, in partnership with Mutual Trust Bank PLC and Pathao Pay, a digital payment platform in Bangladesh, yesterday launched a range of youth-oriented real-time companion prepaid cards, offering a personalised and enhanced payment experience..<p
15 July 2025, 14:07 PM