Climate fund stuck in Farmers Bank

The Bangladesh Climate Change Trust was supposed to get back in 2016 the Tk 538 crore, plus the accumulated interest, it deposited with the then Farmers Bank. However, it has so far received just Tk 74 crore after around seven years.
21 September 2023, 18:00 PM

AB Bank to issue bond of Tk 500cr

AB Bank Limited has decided to issue a Tk 500 crore bond.
21 September 2023, 18:00 PM

Two more banks get to trade in rupee

Standard Chartered Bangladesh (SCB) and Islami Bank Bangladesh PLC have received approval from Bangladesh Bank to conduct bilateral trade with India using the rupee. 
20 September 2023, 18:00 PM

WB to give $102m for navigability of Jamuna

World Bank will provide Bangladesh a loan of $102 million to improve navigability of the Jamuna river and protect the river bank.
20 September 2023, 18:00 PM

Banks’ lending slows for liquidity crunch

The banking sector’s lending growth squeezed in the April to June quarter owing to a shortage of liquidity at most banks and their unwillingness to extend credits to borrowers already struggling to pay back, official figures showed. 
20 September 2023, 01:00 AM

NRB Commercial Bank Ltd becomes NRBC Bank PLC

NRB Commercial Bank Ltd has been renamed NRB Commercial Bank PLC with effect from September 17.
19 September 2023, 18:00 PM

Padma Bank introduces Islamic banking

Padma Bank Ltd recently launched a Shariah-based banking service styled “Padma Bank Islamic”, opening the doors to interest-free banking services for customers.
19 September 2023, 18:00 PM

Dollar Manipulation: BB asks 10 banks to explain

The Bangladesh Bank has asked 10 banks’ managing directors why their treasury heads should not be penalised for their involvement in dollar rate manipulation this year.
19 September 2023, 18:00 PM

Banking Sector: Female workforce rises but slightly

The number of women bankers has gone up slightly over the last three years, after it saw a drop during the Coronavirus pandemic in 2020.
18 September 2023, 18:00 PM

First Security Islami Bank wins Visa award

First Security Islami Bank Ltd has won “Visa Payment Excellence Awards-2023” in the category of “Excellence in Debit Cards”.
18 September 2023, 18:00 PM

Dhaka Bank, Agora sign agreement

Dhaka Bank Ltd and Agora Ltd, the first retail chain of the country, signed a payroll banking agreement.
18 September 2023, 18:00 PM

One Bank signs MoU with Concord Real Estate

One Bank Ltd recently signed a memorandum of understanding (MoU) with Concord Real Estate & Building Products Ltd. 
18 September 2023, 18:00 PM

StanChart completes Taka-Rupee transaction for Walton

This is the first BDT-INR export transaction for Bangladesh’s electronics industry
18 September 2023, 13:23 PM

MTB Foundation partners with Ispahani eye hospital

MTB Foundation recently signed an agreement with Ispahani Islamia Eye Institute and Hospital for a project titled “Community health partnership, predominantly eye health”.
17 September 2023, 18:00 PM

AACOBB, BFIU hold conference in Rajshahi

The Association of Anti-Money Laundering Compliance Officers of Bankers in Bangladesh (AACOBB), in association with Bangladesh Financial Intelligence Unit (BFIU), arranged a conference on “Prevention of Money Laundering and Terrorist Financing” on Saturday.
17 September 2023, 18:00 PM

Midland Bank wins ‘Visa Excellence Award’

Midland Bank Ltd recently won the “Visa Excellence Award” in the ‘Excellence in Prepaid Cards’ category in an awards ceremony.
17 September 2023, 18:00 PM

Southeast Bank launches agent banking campaign

Southeast Bank’s agent banking unit “Shagotom” has launched a three-month campaign styled “Utshob” for partners and customers of agent banking outlets.
17 September 2023, 18:00 PM

Brac Bank clinches five awards from Visa

Brac Bank Ltd has received the highest number of awards, five in all, from Visa this year for its outstanding business in various card-issuing and acquiring categories.
17 September 2023, 18:00 PM

Rules eased for IRIDP-3 Social Impact Sukuk

Until now, banks and financial institutions were allowed to trade the bond at a face value of Tk 5,000 crore
17 September 2023, 13:47 PM
17 September 2023, 12:07 PM