EBL, Danish embassy collaborate to promote climate action

The Embassy of Denmark in Bangladesh and Eastern Bank PLC (EBL) signed a joint declaration of intent yesterday..Under this, the embassy will collaborate with the bank on the “EBL Climate Change Action Award” with the common goal of promoting climate change adaptation and mitigation in Bang
25 November 2024, 14:53 PM

Bank Asia organises ‘Agent Business Meet-2024’

Bank Asia PLC recently organised a daylong “Agent Business Meet-2024” at the BURO Institute of Innovation and Development, Tangail to review business strategies and compliance..Prof MA Baqui Khalily, chairman of the board risk management committee and board audit committee of the bank, ina
25 November 2024, 14:53 PM

Jamuna Bank leads workshop on anti-money laundering and terrorist financing

Bangladesh Financial Intelligence Unit (BFIU) recently organised a workshop on “Prevention of Money Laundering and Combating Financing of Terrorism” for officials of all scheduled banks working in Thakurgaon..Jamuna Bank PLC acts as the lead bank in the workshop, the bank said in a press r
25 November 2024, 14:53 PM

Electronic filing of tax return doubles since July

Over 5 lakh submitted e-returns since July 1 to November 24
25 November 2024, 14:18 PM

BB officials demonstrate seeking removal of two deputy governors

They sought removal of Nurun Nahar and Habibur Rahman
24 November 2024, 15:08 PM

Al Arafah Islami Bank holds ‘School Banking Campaign’ in Cumilla

Al-Arafah Islami Bank recently organised a “School Banking Campaign” with the theme of “One School, One Branch, One Bank, All Banking Services” at Ibn Taymiyya School and College in Cumilla, aiming to instill the spirit of saving among students..Husne Ara Shikha, executive director of the
24 November 2024, 14:23 PM

National Bank arranges ‘Strategic Review Meeting’

National Bank recently arranged a “Strategic Review Meeting” at its training institute in the capital, focusing on current and future action plans..Md Touhidul Alam Khan, managing director and CEO of the bank, attended the meeting as chief guest, according to a press release..Khan pr
24 November 2024, 14:16 PM

Bank accounts of Shuchona Foundation frozen

Saima Wazed Putul, daughter of former prime minister Sheikh Hasina, is the founder of the foundation
24 November 2024, 14:09 PM

NCC Bank organises training on financial literacy for entrepreneurs

NCC Bank PLC, in collaboration with the Department of Youth Development (DYD), recently organised a three-day training programme on “Financial Literacy & Technical Skill Development for Women Empowerment”..A total of 100 entrepreneurs participated in the training, conducted at the Gram Unn
24 November 2024, 14:04 PM

Jalalabad Gas logs Tk 7,331cr revenue

Jalalabad Gas Transmission and Distribution System Ltd announced that they chalked up a total revenue of Tk 7,331.37 crore from the sales of 3917.819 million cubic metres (MMCM) of gas for the fiscal year 2023-24..The company deposited Tk 185.82 crore into the government exchequer in the f
24 November 2024, 13:53 PM

Panel of advisers formed to solve Beximco Industrial Park’s labour unrest

Labour Adviser Brig Gen (retd) M Sakhawat Hussain will lead the six-member panel
24 November 2024, 12:12 PM

BB’s leniency to blame for ailing banking sector

Banking rules and regulations stipulate a single borrower exposure limit but the banking regulator itself disregarded the rule routinely in the last 16 years.
23 November 2024, 18:00 PM

AB Bank’s health shows no signs of improvement

Once a reputable private commercial lender, AB Bank’s financial health is now deteriorating gradually due to boardroom mismanagement, loan irregularities, illegal facilities availed by its sponsors and inaccurate measures by the central bank.
23 November 2024, 18:00 PM

Pubali Bank organises ‘Annual Risk Conference’

Pubali Bank PLC organised the “Annual Risk Conference 2024” at the bank’s head office in Dhaka yesterday in a bid to ensure robust risk management and regulatory compliance..Over 200 participants of the bank across the country attended the conference..Md Mezbaul Haque, executive dire
23 November 2024, 16:09 PM

Social Islami Bank celebrates 29th anniversary

Social Islami Bank PLC celebrated its 29th founding anniversary at its head office in Dhaka..The bank chalked out various activities, including discussion, at the bank’s head office and branches across the country..M Sadiqul Islam, chairman of the bank, inaugurated the programme as t
23 November 2024, 16:07 PM

EBL hosts event for overseas education agencies

Eastern Bank PLC (EBL) recently organised a “Student Agency Night” at its head office in the capital’s Gulshan, bringing together premier educational agencies specialising in guiding students to pursue higher education abroad..Representatives from around 150 educational agencies took part
23 November 2024, 15:58 PM

Address policy challenges for more UK trade: HSBC study

Bangladesh faces challenges related to regulatory and policy environments, including complex tariffs, intellectual property protection and inadequate logistics infrastructure, which are bottlenecks to diversifying exports to the UK, according to an HSBC study..Addressing these issues throu
21 November 2024, 18:00 PM

Pubali Bank holds capacity development programme on sustainable finance

Pubali Bank PLC organised a capacity development programme on “Sustainable Finance & Green Finance” at the bank’s head office in the capital yesterday..Mohammad Ali, managing director and CEO of the bank, presided over the daylong programme as the chief guest, the commercial lender said in
21 November 2024, 13:52 PM

Southeast Bank signs deal with Tiny Tots and Summerfield International School

Southeast Bank PLC recently signed a memorandum of understanding (MoU) with Tiny Tots and Summerfield International School to provide the latter with tuition fee collection, payroll banking, school banking and other services..Nuruddin Md Sadeque Hossain, managing director of the bank, and
21 November 2024, 13:51 PM

Dhaka Bank signs MoU with Dhaka South City Corporation

Dhaka Bank PLC recently signed a memorandum of understanding (MoU) with Dhaka South City Corporation (DSCC) for collecting holding tax and trade licence fees..Sheikh Mohammad Maroof, managing director and CEO of the bank, and Md Mizanur Rahman, chief executive officer of DSCC, penned the d
21 November 2024, 13:51 PM