Social Islami Bank recently launched a campaign, styled “Building a Stronger Tomorrow”, at its head office in Dhaka and unveiled a new motto “Resilience, Recovery, and Rejuvenate.”.M Sadiqul Islam, chairman of the bank, inaugurated the campaign as chief guest, according to a press release.

BRAC Bank and Heidelberg Materials Bangladesh signed a deal recently on tailored financial services covering collection, payment and reconciliation solutions. .Terence Ong Kian Hock, managing director of the multinational building materials company, and Tareq Refat Ullah Khan, deputy mana

Crisis-hit Social Islami Bank has terminated 579 probationary officers who were allegedly appointed illegally by Chattogram-based conglomerate S Alam group..The human resource department of the Shariah-based lender sent letters to the 579 officers on Thursday, informing them that their ser

The BB governor took the charge at the 46th Saarc Finance Governors' Group Meeting held in Washington on October 24

60 officials of BFIU, Bangladesh Police, NBR, ACC, BSEC and the Department of Narcotics Control will receive the training

United Commercial Bank (UCB) PLC signed an agreement with Visa to launch a payment gateway solution, styled “CyberSource”, aimed at enhancing payment management for businesses and merchants..Mohammad Mamdudur Rashid, managing director and CEO of the bank, and Sabbir Ahmed, country manager

The interim government will see to it that there is no shortage of any essential commodity even though there are financial constraints, said Finance Adviser Salehuddin Ahmed yesterday..“We have been repeatedly saying that we will not allow people to suffer for a shortage of essential commo

Md Shawkat Ali Khan has been appointed as the managing director (MD) and chief executive officer (CEO) of Sonali Bank PLC..Prior to joining Sonali Bank, Khan had been serving at Bangladesh Krishi Bank as managing director, the bank said in a press release..He started his career at Ru

Social Islami Bank PLC has promoted an official to the post of deputy managing director (DMD)..The official, Md Nazmus Saadat, had been serving as a senior executive vice-president and head of the managing director’s secretariat and investment wing of the bank concurrently prior to his new

Md Nurun Newaz was elected as the chairman of NCC Bank PLC in a meeting of the board of directors of the bank on Monday..As an eminent industrialist and entrepreneur of the country, Salim is the chairman of Electro Mart Ltd and Trade International Industries Ltd, the bank said in a press r

ONE Bank PLC recently arranged two training programmes on “Prevention of Money Laundering and Combating Financing of Terrorism” for its Chattogram zone executives and officers at the Kamrul Islam Siddique Auditorium of LGED Bhaban in the port city..Arief Hossain Khan, executive director, a

Citizens Bank PLC opened a new branch at Imamganj in old Dhaka yesterday..Mohammad Masoom, managing director and CEO of the bank, inaugurated the branch, the commercial lender said in a press release..SM Shofiqul Hoq, director of the bank, attended the inaugural programme..Othe

Robin Razon Sakhawat was appointed as the chairman of Jamuna Bank PLC yesterday..Currently, Sakhawat is the managing director of German-Bangla Chemical Ltd and Comptex (Bangladesh) Ltd, the bank said in a press release..He is actively involved in various industries such as banking, l

United Commercial Bank (UCB) PLC has reported a 32 percent year-on-year profit growth in the July-September quarter of 2024, driven by higher interest income, investment gains, and increased commission and fee income..The announcement came at the bank’s board meeting at its head office in

AFM Matiur Rahman has been appointed as the chairman of Karmasangsthan Bank for the next three years, effective from the date of joining..Rahman was the honorary director of the board of directors of Karmasangsthan Bank from 2000 to 2002, the bank said in a press release..He is both

Bank Asia PLC recently signed an agreement with Sheba.xyz, the largest service marketplace and one-stop solution for on-demand home services of household and lifestyle in Bangladesh..Under the agreement, Bank Asia customers will enjoy a 10 percent discount for all services of Sheba.xyz upo

Mutual Trust Bank PLC (MTB) distributed fresh loans to small businesses under the Credit Guarantee Scheme (CGS) of the Bangladesh Bank to celebrate its silver jubilee at its corporate head office in the capital’s Gulshan..The scheme has been launched to scale up lending to the cottage, mic

Citizens Bank PLC yesterday opened a sub-branch at Moddho Badda in the capital..Mohammad Masoom, managing director and CEO of the bank, inaugurated the sub-branch, the bank said in a press release..The bank started its journey on December 15, 2020, after receiving a banking licence f

Md Mahamudul Alam has been elected as the chairman of the risk management committee of Meghna Bank PLC..Currently, Alam is serving as deputy managing director of Labib Dyeing Mills Ltd and Alamgir Ranch Limited, according to a press release..He is widely acknowledged and highly prais

Eastern Bank PLC yesterday introduced an e-training platform on financial literacy and entrepreneur development for women entrepreneurs..Curated by the Asian Development Bank (ADB) and the Bangladesh Bank, the online training programme aims to empower women entrepreneurs in Bangladesh..