Moody’s Investors Service, recently rebranded as Moody’s Ratings, has reaffirmed Eastern Bank PLC’s (EBL) B2 rating, which remains capped by Bangladesh’s sovereign rating..The reaffirmation reflects EBL’s solid capital base, consistent profitability, strong asset quality, and adequate liqu

Pragati Insurance Limited, a non-life insurer and the bancassurance partner of Midland Bank PLC, has successfully settled its first non-life motor car insurance claim..The bank organised a function at its Gulshan branch recently to mark the occasion, according to a press release..Md Rashed Ak

Prime Bank PLC has launched “Prime Banijjo”, the country’s first AI-powered digital LC management platform, marking a major milestone in Bangladesh’s trade digitisation journey..The event featured an interactive experience session where corporate clients and trade partners explored the pla

NCC Bank PLC has recently launched an exclusive portfolio of premium cards with global digital payment solutions provider Mastercard under a strategic collaboration agreement..The portfolio includes three premium cards -- the Multicurrency Business Debit Card, the Multicurrency Platinum De

BRAC Bank PLC Sunday launched a new Platinum Multicurrency Debit Card on the Mastercard network, offering customers a convenient and secure way to manage both local and international transactions..Tareq Refat Ullah Khan, managing director and CEO of BRAC Bank PLC, and Syed Mohammad Kamal,

Meghna Bank PLC recently arranged a daylong training programme on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) for branch officials of the Khulna zone..Mohammad Mokter Hossain, additional director of the Bangladesh Financial Intelligence Unit (BFIU), and Shaha

City Bank PLC, in partnership with Mastercard, has launched the first-ever credit card under the Mastercard network in Bangladesh, named the “City Bank Mastercard World Elite Credit Card”..Designed for affluent and high-net-worth customers, the card provides a wide range of exclusive lifes

BB governor says at the signing of a deal with the Gates Foundation’s Mojaloop

Modhumoti Bank PLC today launched a relocated Faridpur branch at Sharifunnesa Peace Tower on Thana Road in the Jhiltuli area of the district, and a new Kanaipur sub-branch at the Kanaipur Union Bohumukhi Somobay Somiti Market under the supervision of the Faridpur branch..Mohammad Ismai

EXIM Bank PLC held a “Business Development Meeting” for the Chattogram region at the bank’s regional office in Chattogram on Saturday..Md Sawkatul Alam, administrator of EXIM Bank PLC and executive director of Bangladesh Bank, inaugurated the meeting as the chief guest, according to a pres

Midland Bank PLC, in collaboration with the Career Guidance Placement and Alumni Relations (CGP & AR) office of Independent University, Bangladesh (IUB), recently organised a seminar on financial literacy on the university campus..Md Ahsan-uz Zaman, managing director and CEO of Midland Ban

Directs commercial banks to ensure smooth and uninterrupted delivery of these services

United Commercial Bank PLC (UCB) has launched its bancassurance services, enabling customers to access insurance directly through the bank..Customers can now obtain both life and general insurance services from any UCB branch across the country..Mahbubur Rahman, chairman of Eastland

Prime Bank PLC, in collaboration with Bangladesh Agricultural University (BAU), recently organised a seminar, titled “Financial Inclusion: Engaging & Inspiring Youth in Banking”, under its flagship PrimeAcademia initiative..The event drew enthusiastic participation from faculty members, se

The governor speaks at Mastercard Excellence Awards 2025

The central bank said its branches in Dhaka, Chattogram, Khulna, Bogura, Rajshahi, Sylhet, Barishal, and Rangpur will not provide the services anymore from November 20

United Commercial Bank PLC (UCB) has signed an agreement with the Bangladesh Bank to provide low-interest loans under the central bank’s “Digital Nano Loan” refinance scheme..Under the arrangement, UCB will use the Bangladesh Bank refinance facility to disburse Digital Nano Loans at a redu

Mutual Trust Bank PLC (MTB) and upay, the mobile financial service (MFS) provider of United Commercial Bank PLC, have jointly launched a new service titled “MTB Islamic DPS”, a fully digital and Shariah-compliant solution that allows customers to open Islamic DPS accounts instantly through the u

NCC Bank PLC has launched a new digital service, “A-Chalan”, enabling customers to pay 206 types of government fees, including passport fees, income tax, VAT, customs duties, and surcharges, using the online A-Chalan platform..M Shamsul Arefin, managing director of NCC Bank PLC, inaugurate

Half of Bangladeshi firms are very confident that their international businesses will grow over the next two years, according to a new HSBC survey..The British multinational bank found that the local sentiment is stronger than the global average of 41 percent..“Bangladeshi businesses