The Japan Bank for International Cooperation (JBIC) has expressed interest in investing in Bangladesh’s sugar industry as well as setting up a fertiliser factory like the one in Ghorashal town under Palash upazila of Narsingdi.

The leading global bank joins over 70 other German companies already present in Bangladesh

A three-day orientation programme organised by Bank Asia for newly appointed tellers and front desk officers at the Bank Asia Institute for Training and Development in Lalmatia, Dhaka ended on Tuesday. 

Ali Reza Iftekhar, managing director and CEO of Eastern Bank, has been presented the “Best Banking CEO of the Year, Bangladesh 2022” award by Singapore-based business magazine World Business Outlook.

Bangladesh Bank has made securing a banking diploma mandatory for bankers to get promoted to senior officers and above in order to increase their skills and efficiency.

Bangladesh Bank has made securing the banking diploma mandatory for bankers to get promoted to senior officers and above

The Bangladesh Bank will introduce another tool to provide liquidity support to the cash-strapped shariah-based banks in order to cushion their ailing financial health.

The central bank has instructed banks to provide exporters' retention quota (ERQ) account services to service exporters to help them carry out international transactions.

Standard Bank has recently appointed a new managing director (MD) and chief executive officer. 

Bangladesh Bank has sold US dollar at Tk 101 each to banks for the first time, giving indication that it is likely to devalue the local currency to reflect the market reality.

The International Monetary Fund (IMF) has disbursed $476.27 million to Bangladesh as the first instalments of $4.7 billion loan it approved early this week.

Social Islami Bank Ltd (SIBL) today appointed Belal Ahmed as acting chairman for its board of directors after Md Mahbub Ul Alam resigned from the post on January 26.

Social Islami Bank’s Chairman Md Mahbub Ul Alam and Additional Managing Director Abu Reza Md Yeahia resigned from their respective posts last week.

The banking sector should go through holistic reforms to strengthen the country’s financial base in order to become an upper middle-income nation by 2031, Asian Development Bank’s Country Director Edimon Ginting said.

The central bank yesterday allowed Rupali Bank Ltd to carry out its operations as a primary dealer regularly, according to a notice yesterday.

Bank Asia Limited has won a “Remittance Award 2022” conferred by the Centre for Non-Resident Bangladeshis (NRB) for outstanding contribution in collecting remittance for 2022.

Leading non-governmental organisation Buro Bangladesh is going to raise funds of Tk 150 crore by issuing zero coupon bond.

The Bangladesh Securities and Exchange Commission today approved the initial public offering of Trust Islami Life Insurance to raise funds of Tk 16 crore.

The Dhaka Chamber of Commerce & Industry (DCCI) has called for substantial reforms to the Arbitration Act 2001, the Bankruptcy Act 1997 and the Companies Act 1994 in order to attract investments from both local and foreign investors. 

Leading mobile financial service provider bKash has once again been ranked as the number one ‘Employer of Choice’ across all sectors for the third consecutive year, according to the results of the ‘Campus Track Survey B-school: 2022’ conducted by NielsenIQ.