Bangladesh’s foreign exchange reserves fell to $25.30 billion yesterday, according to the International Monetary Fund’s calculation, after the country cleared $1.50 billion in import bills under the Asian Clearing Union (ACU).

A high-level delegation from Pakistan recently visited Bangladesh to explore avenues of cooperation in the cement sector, focusing on enhancing trade, investment, and technology exchange in manufacturing and imports..The delegation paid a courtesy call on Md Amirul Haque, president of the

Trust Bank PLC has signed a participation agreement with Bangladesh Bank under a Tk 500 crore start-up refinancing fund, designed to nurture innovative entrepreneurs and support new business ventures in Bangladesh..Muhammad Mustafizur Rahman, additional director at Bangladesh Bank, and Ahs

Prime Bank PLC has signed a strategic partnership agreement with JCX Developments Ltd, one of Bangladesh’s leading real estate companies, to deliver a wide range of exclusive and tailored housing solutions for the bank’s customers..M Nazeem A Choudhury, deputy managing director of Prime Ba

Midland Bank PLC signed a trust deed agreement with Sandhani Life Insurance Company Ltd at the bank’s head office in the capital's Gulshan on Wednesday..The Bangladesh Securities and Exchange Commission has approved the draft trust deed for two new mutual funds -- Midland Bank Growth Fund

Dhaka Bank PLC has launched a 15-day “Financial Literacy Programme” for the youth under its flagship initiative Tarunner Utshab 2025..AKM Shahnawaj, managing director (current charge) of Dhaka Bank PLC, inaugurated the programme at the bank’s head office in Gulshan-1, Dhaka recently, accor

The paid-up capital of Bangladesh Development Bank PLC has risen by 50 percent year-on-year to Tk 600 crore, compared with Tk 400 crore in the corresponding period last year, according to a press release..Paper shares worth Tk 200 crore, equivalent to 2 crore shares, were handed over to Md

Pubali Bank PLC inaugurated a new branch at Konapara in Dhaka yesterday with the aim of providing modern banking services..This marks the bank’s 510th branch, according to a press release..Mohammad Ali, managing director and CEO of Pubali Bank PLC, inaugurated the branch as the chief

Al-Arafah Islami Bank PLC has entered into a strategic partnership agreement with mobile financial services (MFS) provider Nagad Limited..SM Abu Jafar, deputy managing director of Al-Arafah Islami Bank PLC, and Md Shahin Sarwar Bhuiyan, chief commercial officer (current charge) of Nagad Li

NCC Bank PLC has recently signed a memorandum of understanding (MoU) with Meghna Life Insurance Company Ltd to ensure enhanced financial security for home loan customers..Md Zakir Anam, deputy managing director of NCC Bank PLC, and Mohammad Tarek, additional managing director of Meghna Lif

Bangladesh’s leading mobile financial services (MFS) provider, bKash Limited, won an internationally acclaimed “Data Impact Award” from Cloudera, a US-based big data technology company, for delivering secure and innovative customer services by leveraging big data and real-time, data-driven techn

The Hongkong and Shanghai Banking Corporation Limited (HSBC) in Bangladesh has been awarded the gold medal in the category of Best Leadership Development for Women at the Brandon Hall Group 2025 HCM Excellence Awards for its F Major Programme..The programme is a female talent development i

Mercantile Bank PLC has signed a partnership agreement with Bangladesh Bank under a Tk 500-crore startup refinancing fund aimed at fostering innovation and supporting new entrepreneurs across the country..Mohammad Mostafizur Rahman, additional director of Bangladesh Bank, and Matiul Hasan,

Prime Bank PLC, in collaboration with Independent University, Bangladesh (IUB), its Department of Human Resource Management, and the Independent HR Society, recently organised a seminar titled “Financial Inclusion: Engaging & Inspiring Youth in Banking” at the IUB campus..The programme, he

BRAC Bank PLC has appointed Tareq Refat Ullah Khan as managing director (MD) and chief executive officer (CEO) of the bank, effective from September 2, 2025..Prior to this appointment, Khan had been serving as MD and CEO (current charge) since May 27 this year, according to a press release

Pubali Bank PLC recently won awards in five categories at the “3rd ICC Emerging Asia Banking Conclave & Awards 2025”, organised by the Indian Chamber of Commerce at Le Meridien in New Delhi..The categories were Best Bank, Asset Quality, Growth, MSME Acceleration and AI/ML Implementation.</

Eastern Bank PLC (EBL) has signed an agreement with Sheba XYZ, the country’s largest service marketplace and one-stop platform for home services..M Khorshed Anowar, deputy managing director and head of retail and SME banking at Eastern Bank PLC, and Adnan Imtiaz Halim, founder and chief ex

M Kamal Uddin Jasim has been appointed additional managing director (AMD) of Islami Bank Bangladesh PLC..Prior to this appointment, Jasim was serving as the bank’s chief human resources officer, CAMLCO, head of operations and development wings, and concurrently as a deputy managing directo

Dhaka Bank PLC, in partnership with Mastercard, recently unveiled a co-branded credit card for members of Gulshan Youth Club Limited (GYC) at a ceremony held at Radisson Blu Water Garden Hotel in the capital..Designed to complement both professional and personal lifestyles, the new card co

Shimanto Bank PLC launched its new “Visa Platinum Credit Card” at the bank’s corporate headquarters in Dhaka on Sunday..Designed to offer unparalleled convenience, privileges, and financial flexibility, the card aims to enhance the banking experience for Shimanto Bank’s valued customers.</