Prime Bank recently signed a payroll banking agreement with Affix Universe Limited, a Narayanganj-based leather goods manufacturer..Md Nazeem A Choudhury, deputy managing director of the bank, and Md Mokaddasur Rahman Sarkar Masum, managing director of the leather goods manufacturing compa

The port yard now has 2,346 TEUs of containers, up from its capacity to store 876 TEUs

The country now holds 7.4% of global market garment share

Global Islami Bank yesterday launched two sub-branches – one at Mirpur Shah Ali of Dhaka and the other at Gazipur Bazar of Gazipur..Syed Habib Hasnat, managing director of the bank, inaugurated the operations of the sub-branches as the chief guest from the bank’s head office in Dhaka, the

Jamuna Bank recently launched its 111th sub-branch in Masabo of Narayanganj, saying it was a sign of its commitment to delivering efficient and modern banking services to the community..Golam Dastagir Gazi, member of parliament from the Narayanganj-1 constituency and the standing committee

NCC Bank yesterday announced a 12 percent cash dividend for 2023..The announcement came at the bank’s 39th annual general meeting (AGM), which was held virtually and presided over by Md Abul Bashar, chairman of the bank, said a press release..Bashar highlighted the business progress

Mutual Trust Bank (MTB) recently signed an agreement with Pran-RFL Group on providing finance to the group’s suppliers..Md Khalid Mahmood Khan, additional managing director and chief business officer of the bank, and Uzma Chowdhury, director for finance at Pran-RFL Group, penned the deal a

Reserves stood at $20.48 billion on July 31, down from $21.78 billion a month ago

Banks could not receive any remittance in the five days of countrywide internet blackout this month

Islami Bank Bangladesh has reported a 7.2 percent increase in profit for the April-June quarter of 2024..The profit amounted to Tk 307 crore whereas it was Tk 286.22 crore in the same period last year..For the first half of the year, the bank's profit rose to Tk 356.92 crore from Tk

ASM Feroz Alam has been elected as chairman of Mercantile Bank Securities Ltd at a meeting of the company’s board of directors on Tuesday..Alam is a sponsor director of Mercantile Bank, the bank said in a press release..He is also the managing director of Toyo System BD Ltd..He

Prime Bank logged 49 percent growth in net profit after tax (NPAT) in the first half of the year that ended on June 30, 2024..The standalone NPAT was recorded at Tk 329 crore compared to Tk 221 crore of the same period of the previous year..Earnings per share stood at Tk 2.91 as agai

Southeast Bank recently provided financial assistance to grassroots-level farmers of the country from the bank’s special corporate social responsibility (CSR) fund to help their cultivation and facilitate purchasing of agri-machinery..The financial assistance was channeled to farmers throu

The bank’s half yearly loss soared 71% year-on-year

The Anti-Corruption Commission investigates the sources of his wealth

Jamuna Bank declared 26 percent dividends, including 17.50 percent cash dividend, for the year that ended on December 31, 2023..The declaration came at the bank’s 23rd annual general meeting (AGM), which was held virtually at the bank’s corporate office in Dhaka yesterday, according to a p

Trust Bank recently opened a relocated Naval Base branch in Chattogram..Rear Admiral Khondkar Misbah-ul-Azim, commander of Chattogram Naval area, inaugurated the branch, the bank said in a press release..Ahsan Zaman Chowdhury, managing director of the bank, and other senior officials

Citizens Bank recently organised a “Foundation Training Course” for its officers..A total of 30 officers from different branches and divisions participated in the training programme, which was held at the bank’s head office in Dhaka..Mohammad Masoom, managing director and CEO of the

Bata Shoe Company (Bangladesh) Limited announced a staggering 435 percent cash dividend, including 105 percent final and 330 percent interim dividends, for the year that ended on 31, 2023..The announcement came at the company’s 52nd annual general meeting (AGM), which was held virtually on

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