Its profit declined 2% year-on-year

The move aims at better aligning the taka with market fundamentals, the brokerage house says

Shahjalal Islami Bank PLC yesterday organised a “Half-Yearly Business Conference 2025” at the Radisson Blu Water Garden Hotel in the capital..AK Azad, chairman of the bank, inaugurated the conference as chief guest, according to a press release..Mosleh Uddin Ahmed, managing director

Midland Bank PLC has signed a memorandum of understanding (MoU) with TallyKhata, a pioneering digital bookkeeping and payment platform in Bangladesh, with the aim of digitally empowering millions of small businesses across the country..Under the terms of the MoU, TallyKhata will utilise Mi

City Bank PLC has reported a 21 percent rise in consolidated profit after tax to Tk 301.11 crore for the first half of the current year, up from Tk 249.51 crore in the same period last year..The announcement was made during the bank’s half-yearly earnings disclosure webcast, held virtually

Dhaka Bank PLC has recently declared a 10 percent dividend, including a five percent cash dividend, for the year ended on December 31, 2024..The announcement was made during the bank’s 30th annual general meeting (AGM), which was held virtually, according to a press release..Abdul Ha

Bangladesh has welcomed the outcome of trade negotiations with Washington, securing a 20 percent tariff rate on its exports to the US under a sweeping new executive order issued by President Donald Trump.

Bangladesh Bank (BB) will intervene in the foreign exchange market to curb volatility in the exchange rate and rebuild the country's foreign exchange reserves.

Bangladesh Bank (BB) has lowered the target for private sector credit growth in its latest monetary policy, citing a lack of appetite arising from political uncertainties.

Md Shabbirul Alam Chowdhury has recently been promoted to the position of executive director of the Bangladesh Bank (BB)..The promotion is effective in accordance with the provisions outlined in the Bangladesh Bank Officers’ Promotion Policy 2022 for officers in Grade 9 and above, accordin

Prime Bank PLC recently organised an awareness programme titled “SME Cluster Financing Awareness Programme” for the small garments cluster in Saidpur, Nilphamari, aiming to promote inclusive and accessible financial services for the region’s thriving SME garment sector..Nawshad Mustafa, di

United Commercial Bank PLC (UCB) recently organised a month-long skills training initiative, titled the “Entrepreneurship Development Programme”, in Bogura, aimed at empowering aspiring and existing entrepreneurs who currently remain outside the formal banking and financial ecosystem..The

Southeast Bank PLC has recently unveiled 11 new agent banking outlets, reaffirming its commitment to promoting financial inclusion and extending banking services to every corner of the country, particularly in rural and semi-urban areas across eight districts of Bangladesh..The districts c

The central bank should adopt a more supportive stance, the chamber says

The banking regulator unveils monetary policy statement for July-December 2025

Banks, NBFIs, MFS providers asked to strengthen digital defences immediately

BRAC Bank PLC has promoted M Masud Rana to the post of additional managing director (AMD), effective from August 1 this year..Prior to this promotion, Rana had been serving as deputy managing director and chief financial officer (CFO) concurrently, according to a press release..He jo

Shahjalal Islami Bank PLC yesterday launched a mobile app, “ShahjalalTouchPay”, aimed at providing fast, secure, and convenient banking services to customers..AK Azad, chairman of the bank, inaugurated the app as the chief guest at the bank’s corporate head office in Dhaka, according to a

AB Bank PLC has recently organised a month-long training initiative, titled “Entrepreneur Development Programme”, under the SICIP project of the SME and Special Programmes Department of the Bangladesh Bank in Cox’s Bazar..A total of 25 trained entrepreneurs were awarded certificates upon c

The decision follows a review of its retail operations in the country, aligning with the global HSBC Group portfolio