$100 million will be extended under the agreement

Dhaka Bank PLC has recently signed a participation agreement with Bangladesh Bank (BB) under the Tk 500 crore Startup Fund Refinancing Scheme..Muhammad Mustafizur Rahman, additional director of Bangladesh Bank, and AKM Shahnawaj, managing director (current charge) of Dhaka Bank PLC, signed

Maksudul Hasan has recently been appointed additional managing director (AMD) of Uttara Bank PLC..Prior to this appointment, Hasan was serving as deputy managing director of the bank, according to a press release..He began his professional banking career at Uttara Bank PLC as a proba

Al-Arafah Islami Bank PLC has signed a strategic partnership agreement with Trust And Pay Limited (TAP), the mobile financial services provider wholly owned by Trust Bank PLC, aimed at enhancing digital financial services and delivering greater convenience to customers..SM Abu Jafar, deput

The central bank initially launched the scheme in 2022

BB reverses strategy, buys dollars to build foreign reserves

The Bangladesh Bank has directed all scheduled banks and non-bank financial institutions (NBFIs) to submit their annual corporate social responsibility (CSR) budgets, along with related documents, by February each year.

The interim government has formed an eight-member working committee to implement the merger of five Shariah-based banks.

Prime Bank PLC, in collaboration with Daffodil International University (DIU) and its Finance Club, recently organised a seminar, titled “Financial Inclusion: Engaging & Inspiring Youth in Banking”, on the university campus in Dhaka..More than 200 students from various academic disciplines

Islami Bank Bangladesh PLC, in collaboration with Mastercard, yesterday launched a new SME Business Debit Card designed exclusively for small and medium-sized enterprise (SME) owners..This card provides business customers of Islami Bank Bangladesh PLC with enhanced convenience, digital tra

Pubali Bank PLC has recently signed a memorandum of understanding (MoU) with Software Shop Limited (SSL), one of the most reputed software development, fintech, and ITeS companies in Bangladesh, to establish a settlement bank partnership under the National Payment Switch Bangladesh (NPSB) platfo

Eastern Bank PLC (EBL) yesterday became the first bank in Bangladesh to set up connectivity through satellite communication of Starlink, the global satellite internet service provider by SpaceX..It is expected to herald a new era of innovation, resilience, and efficiency within the nation’

Prime Bank PLC has recently signed a memorandum of understanding (MoU) with the International Centre for Diarrhoeal Disease Research, Bangladesh (icddr,b), a leading global health research institute, to strengthen lifesaving tuberculosis (TB) interventions in Sylhet..Hassan O Rashid, chief

The decision was taken upon a probe committee’s recommendation

Despite underspending its budget, the government borrowed more from domestic sources than planned in the last fiscal year (FY), as revenue collection shortfalls, waning foreign aid, and rising interest costs forced it to plug a widening gap.

Midland Bank PLC has signed a memorandum of understanding (MoU) with Milvik Bangladesh Limited, a Swedish HealthTech company providing innovative digital healthcare services and insurance, aimed at improving healthcare access and delivery in underserved communities..Mohd Javed Tarek Khan,

Dhaka Bank PLC has won the “Momentum Award” at the 11th Trade and Supply Chain Finance Programme (TSCFP) Awards 2025, organised by the Asian Development Bank (ADB) in Singapore recently..This is the second consecutive year that Dhaka Bank has received recognition from the ADB for its exper

Southeast Bank PLC has recently signed a memorandum of understanding (MoU) with Jahangirnagar University to introduce co-branded credit cards for faculty members and staff, alongside co-branded prepaid cards for students..Prof M Abdur Rab, treasurer of Jahangirnagar University, and Md Masu

NRBC Bank PLC has organised a 10-day “Foundation Training Programme” at its training institute in the capital..A total of 42 officials from various branches, sub-branches, and divisions at the head office took part in the programme..Md Touhidul Alam Khan, managing director and chief

NCC Bank PLC has recently won an award in the risk management category at the 3rd ICC Emerging Asia Banking Conclave & Awards 2025, organised by the Indian Chamber of Commerce (ICC) at Le Méridien in New Delhi..Arijit Basu, non-executive chairman of HDB Financial Services Ltd and former ma