Global digital payments service provider Mastercard, in partnership with Mutual Trust Bank PLC (MTB), has introduced a corporate business credit card solution for Renata PLC, one of the leading pharmaceutical companies in Bangladesh..The new card is designed to enable the drugmaker to mana
Berger Paints Bangladesh Limited has signed a memorandum of understanding (MoU) with Eastern Bank PLC (EBL), offering preferential rates and benefits on Berger’s painting and interior design services to EBL cardholders..This collaboration is intended to make premium home enhancement soluti
Visa Inc, the American multinational payment card services corporation, reported a robust 9 percent increase in revenue for the quarter ending March 2025, reaching $9.6 billion—up from the same period a year earlier..On a constant-currency basis, revenue rose by 11 per cent, reflecting str
Singer Beko has recently launched a campaign titled “Solution Card”, aimed at enhancing the Eid-ul-Azha experience by offering practical, relevant, and exciting rewards..The campaign has already generated nationwide excitement, with Jinnatunnas from Rajshahi emerging as one of the first gr
Akij Venture Limited commemorated its fifth anniversary with a celebratory programme at the Bangladesh-China Friendship Conference Centre in the capital’s Sher-e-Bangla Nagar yesterday..The event highlighted the company’s remarkable journey since its inception and reaffirmed its commitment
Building Technology & Ideas Limited (bti), a real estate company in Bangladesh, recently organised the “bti Summer Sales Carnival”, unveiling 20 brand-new residential projects across various prime locations in Dhaka city..FR Khan, managing director of bti, inaugurated the event at the bti
Mustafizur Rahman has been re-appointed as the managing director of MIDAS Financing PLC, a non-bank financial institution in the country, for a term of 2 years and 9 months, effective from May 2 this year..The re-appointment was confirmed at the NBFI’s 375th board of directors’ meeting hel
Nagad, the mobile financial service (MFS) provider of Bangladesh Post Office, has signed an agreement with the Bangladesh Bridge Authority (BBA) for the electronic toll collection (ETC) on the Padma Bridge, enabling seamless vehicle movement across the structure..Nurul Hoq, director of fin
Castrol, one of the world’s leading lubricant brands, has appointed Rock Energy Limited as its exclusive distributor for the automotive aftermarket in Bangladesh, aimed at expanding Castrol’s footprint and enhancing the accessibility of its products to consumers nationwide..This strategic
Mutual Trust Bank PLC (MTB) has recently achieved a significant milestone, amassing over Tk 100 crore through fixed deposit (FD) and deposit pension scheme (DPS) accounts via its digital banking platform, MTB Neo..As of March 2025, MTB Neo reported a staggering 668,000+ transactions, culmi
UCB Investment Limited (UCBIL) has been recognised in three categories at the FinanceAsia Awards 2025, securing accolades for Best DCM House, Best ECM House, and Best Investment Bank..This marks the third consecutive year that UCBIL has earned these distinctions, reaffirming its status as
MTB Capital Limited, a subsidiary of Mutual Trust Bank PLC, has appointed Sumit Podder as chief executive officer (current charge), according to a press release..Prior to assuming his new role, Podder served at Bangladesh Finance Capital Limited as managing director and CEO..Over the
Prime Bank PLC, in collaboration with Prime Bank Securities Limited, has unveiled a bank-broker integrated platform through its MyPrime app, marking a significant step towards transforming retail investing in Bangladesh..This innovative integration enables customers to manage both their ba
Pragati Life Insurance PLC recently organised the “Annual Conference 2024” at the Hotel Sea Palace Ltd in Kolatoli of Cox’s Bazar..Khalilur Rahman, chairman of the life insurance company, inaugurated the event as the chief guest, according to a press release..At the outset of the con
Prime Bank Investment Limited (PBIL) has recently signed a memorandum of understanding (MoU) with Zaytoon Business Solutions, a digital financial services provider, with the aim of enhancing access to capital market investments across rural communities in Bangladesh..Syed M Omar Tayub, man
IPDC Finance PLC has reported a net profit of Tk 36.3 crore for the year that ended on December 31, 2024, reflecting a year-on-year increase of 5.9 percent..The non-bank financial institution (NBFI) demonstrated resilient financial performance over the year, recording an operating profit o
Bangladesh Finance PLC has reported a consolidated net loss after tax of Tk 793.7 crore for the financial year 2024, a significant decline from Tk 104.2 crore in 2023..The loss primarily stems from a substantial provisioning effort, with the non-bank financial institution allocating Tk 784
Shanta Securities Limited has recently introduced a new application, titled “Shanta EasyX”, featuring a suite of tools poised to redefine the landscape of brokerage services in Bangladesh..According to a press release issued by the company, the innovative platform offers investors a seamle
