US rating agency Moody’s Investors Service yesterday changed its outlook for Bangladesh’s banking system to stable from negative, which will relieve the central bank boss of stress.

Social Islami Bank has opened seven agent banking outlets.

Southeast Bank has opened 8 agent banking outlets for unbanked people across the country, especially in the rural and semi-urban areas.

Bank Asia Limited has signed an agreement with Beautiful Mind, a specialised educational institution for intellectually-challenged children, for collecting student fees through its internet banking and mobile app platforms.

The Dhaka bourse also cuts Ramadan office time to 3:30pm

National Bank has appointed Md Abdul Matin as deputy managing director, effective March 5.

Eastern Bank has opened a dedicated Korea Business Desk in a bid to facilitate cross-border business transactions between Bangladesh and the Republic of Korea.

Shahjalal Islami Bank has signed an agreement with Kolkata’s Apollo Multispeciality Hospitals.

Sonali Bank and Meghna Bank have launched digital payment services to collect pension scheme installments and various charge-fees through mobile financial service ‘MeghnaPay Wallet’ and internet banking portal by using Sonali Payment Gateway.

From March 7, a bhori of 22-carat gold will cost Tk 112,907

Businesses brought in 400 tonnes of the vegetable in February

IFIC Bank recently organised a conference styled “IFIC Largest Banking Network Business Conference” for employees of Cumilla and Noakhali regions.

Eastern Bank has launched both life and non-life insurance products in the banking sector under its bancassurance services.

The company earlier raised Tk 95 crore through IPO

Deposit rate will be a maximum 12.11 % against 10.47 % in November, lending rate will be 15.11 %, up from 13.47 %  

The gender gap in the banking industry of Bangladesh narrowed in the second half of 2023, with the number of female bankers in the country rising by 2.2 percent during the period, official figures show.

Uttara Bank recently distributed agriculture loans among underprivileged Jhum farmers in the Chattogram Hill Tracts.

Mutual Trust Bank (MTB), as the lead bank, alongside 33 scheduled banks recently organised “School Banking Conference 2024” in Madaripur to raise awareness among students.

Social Islami Bank has launched a financial product, named “SIBL Freelancer Solution”, to expedite freelancers’ activities, including inflow of foreign remittance, and extending cooperation for expansion of work.

Bangladesh shipped $5.18 billion worth of merchandise in February