Meghna Bank celebrates its half-yearly success

Meghna Bank recently celebrated the success of its half-yearly closing (in the January-June period of 2024) at the bank’s head office in Dhaka. The bank achieved significant growth in deposits and in other parameters during this period.
8 July 2024, 15:19 PM

Bangladesh Bank, Dhaka Bank organise ‘Customer Awareness Week, Khulna-2024’

The Financial Integrity and Customer Services Department (FICSD) of Bangladesh Bank, in association with Dhaka Bank, organised an event styled “Customer Awareness Week, Khulna- 2024” to raise banking awareness among customers.
8 July 2024, 15:14 PM

Midland Bank opens relocated Madhabdi sub-branch in Narsingdi

Midland Bank recently opened a relocated Madhabdi sub-branch in Narsingdi. The sub-branch is equipped with modern banking facilities, including a cash recycling machine (CRM), which allows cash withdrawals and deposits. Md Ahsan-uz Zaman, managing director and CEO of the bank, inaugurated the sub-branch.
8 July 2024, 15:06 PM

BRAC Bank, CEAB sign deal to open China Desk

BRAC Bank and the Chinese Enterprise Association in Bangladesh (CEAB) recently signed a partnership agreement under which the bank will set up a dedicated “China Desk” to enhance service offerings for CEAB members..The desk will be staffed by Mandarin-speaking professionals, providing tailored support to the Chinese business community.
8 July 2024, 15:00 PM

The state has been captured by a select few

Bangladesh’s banking sector is bearing the brunt of the political bias towards the wealthy and the influential, experts said.
7 July 2024, 21:00 PM

MTB wins ‘Excellence in Consumer Financing Bangladesh 2024’ award

Mutual Trust Bank (MTB) has been honoured with the “Excellence in Consumer Financing Bangladesh 2024” award by Global Business magazine..This accolade recognises the bank’s commitment to providing innovative and inclusive financial solutions tailored to meet the diverse needs of all segments of Bangladeshi society.
7 July 2024, 15:08 PM

Dhaka Bank celebrates its 29th anniversary

Dhaka Bank celebrated its 29th founding anniversary recently with the slogan “Maintaining Steady Growth with Excellence”..Abdul Hai Sarker, chairman of the bank, and Mirza Abbas Uddin Ahmed, founder, inaugurated the celebrations at the bank’s head office in Dhaka, according to a press release.
7 July 2024, 14:54 PM

BRAC Bank, Manu Farms sign deal on financing for poultry farmers

BRAC Bank recently signed a partnership agreement with Manu Farms, the proprietor of the integrated Poultry Management Mobile Application “Poultry Manager”, to provide agricultural financing to poultry farmers through SME digital microloans.
7 July 2024, 14:42 PM

Inflation eases in June but stays over 9.5%

Bangladesh Bureau of Statistics releases data today
7 July 2024, 06:27 AM

Khan Belal elected executive committee chairman of Mercantile Bank

MA Khan Belal has been elected as the chairman of the executive committee of Mercantile Bank..Belal was serving as chairman of Mercantile Bank Securities Limited prior to his new charge, the bank said in a press release..He is the chairman of the Samrat Group of Companies..Alon
6 July 2024, 15:42 PM

Premier Bank holds business conference

Premier Bank today held a half-yearly “Business Conference-2024” at the Renaissance Dhaka Gulshan Hotel in the capital..HBM Iqbal, chairman of the bank, inaugurated the conference as chief guest, the bank said in a press release.
6 July 2024, 15:25 PM

Citizens Bank marks 2nd anniversary

Citizens Bank recently celebrated its second anniversary..Towfika Aftab, chairperson of the bank, inaugurated the anniversary by cutting a cake at the bank’s head office in Dhaka, the bank said in a press release..Anisul Huq, a member of parliament from Brahmanbaria-4 constituency an
6 July 2024, 15:11 PM

Prime Bank signs MoU with National Pension Authority

Prime Bank recently signed a memorandum of understanding (MoU) with the National Pension Authority (NPA)..Kabirul Ezdani Khan, executive chairman of the NPA, and Hassan O Rashid, chief executive officer of the bank, penned the MoU at the Finance Division of the Ministry of Finance.
6 July 2024, 15:04 PM

Cut in export incentive will hurt textile sector: BTMA

The primary textile sector will lose competitiveness in global arena, says BTMA president
6 July 2024, 13:27 PM

Akram Hossain, Abdul Hannan elected as vice-chairmen of Mercantile Bank

Akram Hossain (Humayun) and Md Abdul Hannan have recently been elected as vice-chairmen of Mercantile Bank..Both Humayun and Hannan are eminent businessmen and sponsor directors of the bank, according to a press release..Humayun is the chairman and managing director of FARS Group and
4 July 2024, 15:51 PM

Al-Arafah Islami Bank opens Atwari branch in Panchagarh

Al-Arafah Islami Bank today opened its 220th branch, located in the Atwari upzaila of Panchagarh district in Rangpur..Farman R Chowdhury, managing director and CEO of the bank, inaugurated the branch as chief guest, the bank said in a press release.
4 July 2024, 15:33 PM

Eastern Bank launches revamped Skybanking app with new features, security

Eastern Bank Limited (EBL) today launched a revamped mobile banking app, “EBL Skybanking”, with numerous new features and robust security. The user-friendly app is set to revolutionise customers’ banking experience. The new app will be available on the Google Play Store and Apple’s App from tomorrow.
4 July 2024, 15:19 PM

Khalily re-elected as chairman of Bank Asia’s board risk management committee

MA Baqui Khalily has recently been re-elected as the chairman of the board risk management committee of Bank Asia at a meeting of its board of directors..Khalily is one of the independent directors of the bank, the bank said in a press release.
3 July 2024, 16:01 PM

Commercial Bank of Ceylon donates to Shakti Foundation’s SMC project

The Commercial Bank of Ceylon recently provided financial support to the Shakti Mobile Clinic (SMC) project run by Shakti Foundation, a non-government organisation, as part of its ongoing corporate social responsibility (CSR) initiatives..The project is a vital initiative that provides ess
3 July 2024, 15:57 PM

BKB, National Pension Authority sign MoU on universal pension scheme

Bangladesh Krishi Bank (BKB) today signed a memorandum of understanding (MoU) with the National Pension Authority under the finance division of the finance ministry..Md Shawkat Ali Khan, managing director of the bank, and Kabirul Ezdani Khan, executive chairman of National Pension Auth
3 July 2024, 15:50 PM