Midland Bank gets nod to raise Tk 70 crore through issuing seven crore ordinary shares in an initial public offering (IPO).
The Brac Bank agent banking team recently organised an Uthan Boithak, a knowledge-sharing engagement, for tea workers in Bahubal of Habiganj.
Bangladesh’s foreign exchange reserves today dipped below $37 billion due to high import payments against the slower than expected export earnings.
Scam-hit International Leasing Financial Services Ltd (ILFSL) has decided to offer shares of the company against its deposit and loan payments as part of its effort to revive the company.
Mercantile Bank recently launched 25 agent banking outlets across the country.
Loan disbursement by non-bank financial institutions (NBFIs) surged 46 per cent year-on-year in the April-June quarter thanks to a recovery in demand after the reopening of the economy in the second half of last year.
Despite diverse challenges, the banking sector is evolving faster than ever before, and such changes are expected to happen even quicker in the coming years.
Prime Bank is going to raise a staggering syndicated term loan of Tk 500 crore for Sajida Foundation to disburse for the latter’s microfinance programme.
Exim Bank has appointed Mohammad Firoz Hossain as its new managing director and chief executive officer with effect from September 16.