Trust Bank recently signed a memorandum of understanding (MoU) with ShareTrip Limited, a travel agency in Bangladesh..Md Mostafa Musharrof, head of the card division of the bank, and AKM Mahfuzul Alam, chief sales officer of the travel agency, penned the MoU at the former's head office in

Eastern Bank today signed a memorandum of understanding (MoU) with the National Pension Authority under the finance division of the finance ministry. Kabirul Ezdani Khan, executive chairman of National Pension Authority, and Ali Reza Iftekhar, managing director of the bank, penned the MoU at the ministry's conference room in Dhaka.

Md Nazim Uddin, additional director of the Banking Regulations and Policy Department of Bangladesh Bank, has been promoted to the post of director in the same department. .The central bank issued an office order to this end on Monday, said a press release..Nazim Uddin joined Banglade

IFIC Bank recently organised a daylong workshop on “Fake Note Detection and Prevention of its Circulation” in Barishal..Md Abdul Mannan, executive director of the Bangladesh Bank Barishal office, inaugurated the workshop as chief guest, the bank said in a press release..Around 121 em

The American Chamber of Commerce in Bangladesh (AmCham) organises monthly luncheon meeting

Nilufer Zafarullah and Md Shamsuzzaman have been re-elected as chairman and vice-chairman of Midland Bank respectively for the next two years..Nilufer served the bank as vice-chairman since its inception until 2018 and has been serving as chairman since, the bank said in a press release.</

Syed Mahbubur Rahman, managing director and CEO of Mutual Trust Bank, has recently been honoured with the “Most Influential Banking Leader, Lifetime Achievement Award - Bangladesh” by Business Tabloid magazine..This accolade underscores Rahman’s leadership and strategic acumen, which have

United Commercial Bank (UCB) today announced a 10 percent dividend, including a five percent cash dividend, for the year that ended on December 31, 2023..The announcement came at the bank’s 41st annual general meeting (AGM), which was held virtually, according to a press release..<p

BRAC Bank recently signed an employee banking agreement with National Finance Limited (NFL), a non-bank financial institution (NBFI) in Bangladesh..Md Mahiul Islam, deputy managing director and head of retail banking of the bank, and Irteza Ahmed Khan, managing director of the NBFI, penned

It hit $2.54 in June this year, up from $2.19 billion in the same month last year

From FY25 beginning today, the maximum rate of export incentive has been set at 10% and the minimum at 0.3%

The previously fixed 360-day usance period ended today

Asset management companies invest pooled funds from clients into various securities and assets

All but Bangladesh Co-operative Insurance have already paid the fines

Bangladesh Islamic Centre to sell its entire stake

Bangladesh Bank includes tuber crop cultivation, goat and lamb rearing in the scheme

Bangladesh RACE Asset Management releases a statement in response to BSEC’s recent suspension on its BO accounts

Bangladesh's gross domestic product (GDP) growth will decrease to 5.7 percent in 2024-25 from 5.8 percent in the current fiscal year while inflation will ease to 8 percent, according to the Mastercard Economic Institute (MEI).

The fund will be given as working capital

Liquidity at Islamic banks in Bangladesh has decreased drastically, deepening a lingering cash crunch at the crisis-hit Shariah-based banks.