BRAC Bank’s distribution network achieved a net deposit growth of Tk 5,500 crore in the first half of 2024, breaking industry records..The milestone reflects increasing customer confidence, strong engagement, and robust relationships fostered by the bank, according to a press release..<

The Bimstec FTA should be concluded within a year, they opined

The executive director of PRI Bangladesh says at ERF event

Prime Bank was recently recognised by the Bangladesh Bank for the second time as one of the top banks in its latest Sustainable Rating 2023, according to a press release..Commenting on the award, Hassan O Rashid, chief executive officer of Prime Bank, said: “Prime Bank is committed to ensu

Al-Arafah Islami Bank organised a half-yearly “Business Development Conference- 2024” at the bank’s head office in Dhaka today..Abdus Samad Labu, chairman of the bank, attended the conference as chief guest, the bank said in a press release..Farman R Chowdhury, managing director and

Premier Bank opened a relocated Islamic banking branch at MS Centre in the capital’s Mohakhali yesterday to provide modern and the best-in-class services to customers..Mohammad Abu Jafar, managing director and CEO of the bank, inaugurated the branch as chief guest, the bank said in a press

IPDC topped the list for the third time

Zakia Rouf Chowdhury was recently re-elected vice-chairman of Bank Asia PLC at a meeting of the bank’s board of directors..Chowdhury has an illustrious business career of more than 35 years in the private sector of Bangladesh, the bank said in a press release..She has held leadership

Community Bank Bangladesh signed a participating agreement with Bangladesh Bank under its Long-Term Financing Facility (LTFF) to finance small, medium and large export-oriented manufacturing firms..Liza Fahmida, director of the Financial Sector Support and Strategic Planning Department of

Prime Bank signed a payroll banking agreement with REVE Group, a prominent player in technology and the readymade garment industry, aimed at enhancing banking services for the latter’s employees..Md Nazeem A Choudhury, deputy managing director of the bank, and M Rezaul Hassan, group chief

$1.42 billion of import bills for May and June were paid through Asian Clearing Union (ACU)

The Hongkong and Shanghai Banking Corporation (HSBC) Bangladesh has been honoured with the “Best Sub Custodian of the Year” award for the first-time in Bangladesh at The Asset Triple A Sustainable Investing Awards 2024..This achievement highlights HSBC’s ongoing commitment to providing exc

NRB Bank signed a participating agreement with Bangladesh Bank (BB) under its Long-Term Financing Facility (LTFF) to finance small, medium and large export-oriented manufacturing firms..Liza Fahmida, director of the financial sector support and strategic planning department (FSSSPD) of the

Commercial Bank of Ceylon recently signed a memorandum of understanding (MoU) with Mana Bay, a premium water park located at Gazaria, Munshiganj..Kasun Herath, deputy chief executive officer and chief operating officer of the bank, and Salim Khan Surattee, assistant vice-president of the w

Mercantile Bank launched the “Bangla QR Code” based service to make banking easier, more advanced and technology driven..From now on, the bank’s customers can make purchases and payments through Bangla QR services by utilising the “MBL Rainbow” app..Md Quamrul Islam Chowdhury, managi

Turnover at the Dhaka Stock Exchange (DSE) crossed the Tk 1,000-crore mark yesterday after two months as the shares extended a rally for the sixth consecutive day riding on gains of blue-chip stocks.

Ctg customs bids out 118 tonnes of apple, orange at only Tk 74.6 lakh

The growth rate hovered around 2.3% in the same period of FY23

The Anti-Corruption Commission has written to Bangladesh Bank and Islami Bank seeking information on 14 companies, including 11 of Nabil Group, regarding embezzlement of crores of taka from the Shariah-based bank through alleged loan fraud.

The Bangladesh Bank today unveiled the latest iteration of its exit policy that offers borrowers the option to close off their loan account within three years by paying only 10 percent as down payment and no interest