Banks
Nat’l Bank not up for merger
National Bank officials do not want the bank to merge with another entity.
Banks asked to increase forex inflow
Bangladesh Bank today sat with five leading private commercial banks
National Bank continues incurring losses
It made a loss of Tk 1,497 crore in 2023, down from Tk 3,285 crore in 2022
Islami Bank to issue Tk 1,000 crore bond to strengthen capital
Islami Bank Bangladesh, the largest and oldest shariah-based bank in the country, today announced that it would borrow Tk 1,000 crore through the issuance of bonds to improve its capital adequacy in line with Basel-III.
Singer incurs losses in Q1
The home appliance maker counted a loss of Tk 2.1 crore in Jan-Mar quarter
Heidelberg Bangladesh’s sales drop, but profit rises
The company gives credit to fall in administration, distribution costs and selling expenses
Mohammad Abu Jafar, new managing director of Premier Bank
He has 34 years of experience in banking
Deposits safe in banks being merged: BB
Money deposited by individuals and institutions with banks, which have decided to go for mergers, will remain completely safe and secure, Bangladesh Bank said in a statement yesterday.
Inflation, exchange rate stability should get priority: experts
ICMAB organises a pre-budget discussion
Depositors’ money in merged banks will remain completely safe: BB
Accountholders of merged banks will be able to maintain their respective accounts as before
Aziz Mohammad Bhai buys 27 lakh new shares of Olympic Industries
He now holds 17 percent or Tk 499 crore worth of shares of the company
BDBL board okays merger with Sonali Bank
As of December 2023, BDBL had Tk 982 crore bad loans and Sonali Tk 13,150 crore
Basic, National Bank Mergers: People withdrawing money in panic
A recent rush to withdraw money from the BASIC Bank and National Bank is worsening the situation the troubled institutions are facing.
Pubali Bank posts highest ever annual profit in 2023
The bank made Tk 695.12 crore, a 30% rise year-on-year
Bank Asia moves a step closer to Bank Alfalah acquisition
A day earlier, Karachi-based Bank Alfalah disclosed the information on the Pakistan Stock exchange.
Dutch-Bangla Bank witnesses highest profit growth in a decade
Dutch-Bangla Bank PLC recorded nearly 42 percent growth in earnings last financial year, its highest in a decade, by improving asset quality and focusing on maintaining good corporate governance.
