Banks
Islami Bank wins Muktadhara’s ‘Remittance Award’
Islami Bank Bangladesh PLC won the “Remittance Award” from Muktadhara New York Inc for collecting the highest amount of remittance in Bangladesh.
Prime Bank inks deal with Le Meridien Dhaka
Prime Bank recently signed a strategic partnership with Le Meridien Dhaka.
Commercial Bank of Ceylon, Partex Furniture sign MoU
The Commercial Bank of Ceylon PLC signed a memorandum of understanding (MoU) with Partex Furniture Industries Ltd, a furniture manufacturing company in Bangladesh.
Timely steps alleviate forex crunch of Pubali Bank
Pubali Bank Limited has successfully dealt with the ongoing foreign currency crunch courtesy of timely restrictions on the import of luxurious items, foreign fruits and ornaments, said the top official of the private commercial lender.
Banks asked to work together to stabilise forex market
The central bank instruction came from a meeting between Governor Abdur Rouf Talukder and a delegation of the Association of Bankers Bangladesh (ABB)
Meghna Bank wins ‘Excellence in Credit Cards’ by Visa
Meghna Bank Ltd has won the “Excellence in Credit Cards” award in the “Visa Leadership Conclave 2023”.
Union Bank distributes agriculture funds
Shariah-based Union Bank Ltd distributed agriculture investment among farmers in Chattogram yesterday.
Exim Bank holds business development confce
Exim Bank yesterday arranged a “Business Development Conference” for the branch managers, executives and officials of the bank in Chattogram region.
Bangladesh, 29 others can now trade on Russian currency market
The Russian embassy in Bangladesh shares a list of countries on its verified Facebook page
Climate fund stuck in Farmers Bank
The Bangladesh Climate Change Trust was supposed to get back in 2016 the Tk 538 crore, plus the accumulated interest, it deposited with the then Farmers Bank. However, it has so far received just Tk 74 crore after around seven years.
Two more banks get to trade in rupee
Standard Chartered Bangladesh (SCB) and Islami Bank Bangladesh PLC have received approval from Bangladesh Bank to conduct bilateral trade with India using the rupee.
WB to give $102m for navigability of Jamuna
World Bank will provide Bangladesh a loan of $102 million to improve navigability of the Jamuna river and protect the river bank.
Banks’ lending slows for liquidity crunch
The banking sector’s lending growth squeezed in the April to June quarter owing to a shortage of liquidity at most banks and their unwillingness to extend credits to borrowers already struggling to pay back, official figures showed.
Dollar Manipulation: BB asks 10 banks to explain
The Bangladesh Bank has asked 10 banks’ managing directors why their treasury heads should not be penalised for their involvement in dollar rate manipulation this year.
NRB Commercial Bank Ltd becomes NRBC Bank PLC
NRB Commercial Bank Ltd has been renamed NRB Commercial Bank PLC with effect from September 17.
Padma Bank introduces Islamic banking
Padma Bank Ltd recently launched a Shariah-based banking service styled “Padma Bank Islamic”, opening the doors to interest-free banking services for customers.
Banking Sector: Female workforce rises but slightly
The number of women bankers has gone up slightly over the last three years, after it saw a drop during the Coronavirus pandemic in 2020.
