Bank Asia has signed a participatory agreement with Bangladesh Bank under the Long-Term Financing Facility (BB-LTFF) programme of the Financial Sector Support and Strategic Planning Department for private sector firms, particularly export-oriented manufacturing industries.

Multilateral development finance institution Islamic Development Bank (IDB) has withdrawn the directorship of its representative from the board of directors of Islami Bank Bangladesh PLC

Pubali Bank has signed a participation agreement with the central bank under the Bangladesh Bank’s Long-Term Financing Facility (BB-LTFF) programme.

Citibank, NA Bangladesh recently completed its first Citi Supplier Finance (CSF) transaction with M&J Group, an RMG manufacturer of the country, after launching its internationally acclaimed CSF programme in Bangladesh.

NCC Bank as lead bank organised a “School Banking Conference-2023’ as per guidelines of the financial inclusions department of Bangladesh Bank (BB) in Narsingdi on Saturday.

Brac Bank Ltd has launched its first sub-branch at Khulsi in Chattogram.

City Bank, in collaboration with Heifer International Bangladesh, recently distributed poultry and fish feeds worth 600 tonnes among 400 marginal farmers of Poba, Rajshahi as part of its corporate social responsibility.

Union Bank Ltd organised its third quarterly “Business Review Meeting 2023” for Khulna, Barishal, Sylhet and Mymensingh divisions and Cumilla, Brahmanbaria, Feni, Noakhali, Laxmipur and Chandpur districts.

NBFIs can now offer 9.7% for deposits, 12.7% for lending

The economist says at Sanem event

Mercantile Bank Ltd yesterday distributed agricultural machinery, including power tillers, to farmers in Bauphal, Boga, Dhulia, Naomala, Kanakdia, Surjomoni, Keshobpur, Kachipara, Adabaria and Chandra Dip Union of Patuakhali from the bank’s special CSR fund.

Shahjalal Islami Bank Ltd organised a financial literacy seminar to raise social awareness about sending remittance to the country through legal channels.

Exim Bank recently arranged a "Business Development Conference" for branch managers and officials of Sylhet region.

Brac Bank and Brac Kumon Ltd, an initiative of the Kumon Institute of Education (KIE) in partnership with Brac, recently signed a strategic agreement to enhance educational opportunities and financial services in Bangladesh.

The capital base of state-owned commercial banks rose while it fell for private lenders at the end of the fourth quarter of 2022-23, Bangladesh Bank data showed.

City Bank has been named the “Leading Partner Bank in Bangladesh” in the “Trade and Supply Chain Finance Programme (TSCFP) Awards 2023” organised by the Asian Development Bank (ADB).

Prime Bank recently signed an agreement with Fortis Downtown Resort Ltd and Sarah Resort Ltd, enabling the bank’s cardholders to avail benefits and enjoy up to 25 percent discounts on room rent.

Mutual Trust Bank Ltd recently won the “Global Climate Partnership Award 2023” for its innovative idea of bridging the gap between smallholder farmers in Bangladesh and cost-effective electric vehicle (EV) solutions through accessible finance.

WB country director shared the information in a meeting with Planning Minister MA Mannan

The 75 basis-point rise in policy rate will be effective from Oct 5