City Bank has launched the “City Bank American Express® platinum reserve credit card”, the first American Express metal card in Bangladesh..The card brings together personalised service, international travel support, savings, and rewarding benefits tailored to suit the evolving needs of cu

Midland Bank PLC recently signed a memorandum of understanding (MoU) on digital cash management solutions with Space Tech Holdings Limited (Spacetech), a Singapore and Bangladesh joint venture company, and XSpeed Autos Limited (XSpeed), an automobile enterprise based in Bangladesh..Mohamma

Bangladesh’s Islamic banking sector would be completely restructured, he said.

SBAC Bank PLC has appointed Md Rabiul Islam to the post of additional managing director (AMD)..A banker with 36 years of experience, Islam was working at NRBC Bank as a deputy managing director (DMD) and acting managing director concurrently, before assuming this new assignment at SBAC Ban

Nurullah Chaudhury has joined Bank Asia PLC as an additional managing director (AMD) and chief wholesale banking officer on Monday..Prior to joining Bank Asia, Chaudhury was serving at City Bank PLC as a deputy managing director and head of corporate banking, concurrently, said a press rel

Pubali Bank PLC has donated a bus to the Islamic University of Technology (IUT) as part of its corporate social responsibility..Mohammad Ali, managing director and CEO of the bank, handed over the dummy key to Prof Mohammad Rafiqul Islam, vice-chancellor of the university, on its campus pr

Md Omar Faruk Khan made acting managing director

BRAC Bank has entered into a strategic partnership agreement with PHP Group, a Chattogram-based corporate business conglomerate, to provide banking solutions that will support the group’s business growth in Bangladesh..Md Ali Hossain, director of PHP Group, and Tareq Refat Ullah Khan, depu

Labour and Employment Adviser M Sakhawat Hussain yesterday warned Premier Bank of stern actions if it did not disburse the Bangladesh Bank’s cash incentive fund for payment of garment workers’ salaries ahead of Eid.

Community Bank Bangladesh PLC organised the 62nd board meeting at the police headquarters in the capital’s Gulistan on Monday..Inspector General of Police (IGP) Baharul Alam, chairman of the bank, presided over the meeting, the bank said in a press release..During the meeting, severa

Eastern Bank PLC (EBL) has signed a memorandum of understanding (MoU) with the Shishu Sasthya Foundation, Bangladesh (SSF, B), to support its initiative in strengthening services for paediatric inpatients from underprivileged and marginalised families..Ahmed Shaheen, additional managing di

EBL’s board has recommended a 17.50 percent cash dividend and a 17.50 percent stock dividend

Bangladesh Bank has instructed commercial banks to ensure uninterrupted transactions through automated teller machines (ATMs), point of sale (POS) terminals, internet banking, online e-payment gateways, and mobile financial services (MFS) during the Eid-ul-Fitr holidays.

Iqbal Ahmed has been re-elected as the chairman of NRB Bank PLC..The election took place during the bank’s board of directors' meeting at its head office in the capital on Sunday, according to a press release..A seasoned businessman, Ahmed was the founding chairman of NRB Bank, and t

Prime Bank PLC recently signed a payroll banking agreement with Oscar Bangla Company Limited to streamline salary disbursements and offer banking benefits to its employees..Md Nazeem A Choudhury, deputy managing director of the bank, and Sha Shi Jun, managing director of Oscar Bangla Compa

Nearly 10 lakh out of 15 lakh e-return filers have submitted zero returns, he says at ERF event

Eastern Bank PLC (EBL) has entered into a bancassurance agreement with Pioneer Insurance Company Limited, facilitating EBL customers to access the insurer’s financial products directly through the bank..Ali Reza Iftekhar, managing director and CEO of the bank, and Syed Shahriyar Ahsan, chi

However, SME linkage loans will be exempt from this requirement.

Ahsan Khan Chowdhury has been elected as the chairman of Midland Bank PLC..The election took place during the 165th meeting of the bank’s board of directors held recently, according to a press release..Chowdhury is one of the sponsor directors and a member of the executive committee

City Bank appointed Mesbaul Asif Siddiqui, deputy managing director, as the new head of wholesale banking..Prior to assuming this new responsibility, Asif was serving the bank as the chief risk officer, said a press release..He began his career at Eastern Bank as a management trainee