Standard Chartered Bangladesh has launched the “Export Receivable Finance for Financial Institutions/Banks (RFFI)”, a trade finance solution that marks a new milestone in the country’s financial sector..The initiative, introduced in partnership with BRAC Bank PLC, is designed to enhance li

NCC Bank PLC has signed a memorandum of understanding (MoU) with Dhaka North City Corporation (DNCC), enabling NCC Bank customers to conveniently pay various fees and taxes, including holding tax, trade licence fee, hotel tax, market salami, wheel tax, and other municipal charges, through the ba

Prime Bank PLC recently organised “Prime Neera-SME Women Entrepreneurs Training and Development Programme” at Hotel Agrabad in Chattogram..The event brought together over 130 women entrepreneurs from Prime Bank as well as members of the Chattogram Women Chamber of Commerce and Industry (CW

The draft Payment System Operator Regulations seek feedback from banks, fintech firms

The central bank governor says about the to-be-merged banks

Prime Bank PLC has signed a payroll agreement with Rahim Group, a manufacturing company specialising in building materials and engineering solutions..M Nazeem A Choudhury, deputy managing director of Prime Bank, and Maruf Mohsin, executive director of Rahim Group, signed the agreement at t

Md Sawkatul Alam, executive director of Bangladesh Bank, assumed charge as the administrator of EXIM Bank PLC on Wednesday. He was appointed by the central bank as part of the ongoing merger process involving five banks..Beginning his career as an assistant director at Bangladesh Bank in 1

Bangladesh Bank has appointed a four-member administrator team, led by its Executive Director Md Salah Uddin, to oversee operations at Social Islami Bank PLC..To assist him, the central bank named Additional Directors Md Rashedul Islam, Hammada Abdul Ati and Mohammad Bazlul Karim, along wi

The announcement comes as the BB has declared the banks “non-viable” with effect from November 5

NRBC Bank PLC has published its first-ever “Sustainability Report-2024” today, focusing on sustainable development, social responsibility, and environmentally friendly financing..This year the report, prepared in line with the Global Reporting Initiative (GRI) standards, carries the theme

Pubali Bank PLC has recently signed an agreement with global digital payment solutions provider Visa Worldwide Pte Ltd to launch promotional and marketing activities and various incentive programmes for Visa card and point of sale (POS) acquiring business by the bank..Mohammad Ali, managin

BRAC Bank PLC has entered into a strategic partnership agreement with MetLife Bangladesh to simplify and streamline insurance premium payments for MetLife policyholders across both digital and physical banking channels..Through this collaboration, MetLife customers will be able to pay thei

They will not get any share in the new bank

The Daily Star has obtained a copy of the letters

The fund will be used for the development of rural roads in 20 upazilas

Pubali Bank PLC, in collaboration with Chittagong Medical College (CMC) and Chittagong Medical College Hospital (CMCH), has recently launched a co-branded credit card on the hospital premises..Through this special initiative, doctors, students, and hospital staff will now be able to enjoy

Prime Bank PLC recently signed an agreement with Rangs Limited, an automobile company under the Rangs Group and the authorised distributor of Mitsubishi vehicles in Bangladesh..Mamur Ahmed, senior executive vice-president and head of branch distribution at Prime Bank PLC, and Mohammad Hamd

AB Bank PLC has inaugurated a dedicated collection booth at Mirpur BCIC College in Dhaka recently to provide comprehensive and modern banking services for the college’s students and employees..Syed Mizanur Rahman, managing director and CEO of AB Bank PLC, and Colonel Md Tauhidul Islam, pri

Pragati Life Insurance PLC, in partnership with BRAC Bank PLC, has settled its first insurance claim under the bancassurance platform, marking a milestone in Bangladesh’s growing bancassurance sector..Md Jalalul Azim, managing director and CEO of Pragati Life Insurance PLC, and Tareq Refat

For the same scam, Salman F Rahman was fined Tk 100 crore and his son Tk 50 crore