The bank’s inability to recover loans from defaulters and higher interest on deposits dented its bottom line

The study was prepared using responses from officials of 37 banks

The bank attributed the decline in profit to a fall in operating income

The reviews, initiated in January with backing from the ADB, expose deep-seated financial mismanagement at those banks

Prime Bank PLC has been recognised as the “Best Bank for ESG 2025” in Bangladesh at the Euromoney Awards for Excellence..The bank earned this accolade for the third consecutive year, highlighting its unwavering commitment to sustainability, ethical conduct, and sound governance practices,

Eastern Bank PLC (EBL) has been recognised as the “Best Bank in Bangladesh” at the Euromoney Awards for Excellence 2025..The bank received the accolade for the sixth time, according to a press release..Ali Reza Iftekhar, managing director of EBL, said, “This recognition from Euromone

The Hongkong and Shanghai Banking Corporation Limited (HSBC) has been honoured with the awards of “Best Bank for Sustainable Finance” and “Best Bank for Large Corporates in Bangladesh” at the Euromoney Awards for Excellence 2025, according to a press release..The Best Bank for Large Corpor

Bangladesh Development Bank PLC organised a “Performance Review Meeting 2025” at the bank’s head office in the capital on Saturday..Ahmed Ismet, chairman of the bank, attended the meeting as the chief guest, according to a press release..Md Jashim Uddin, managing director and CEO of

Southeast Bank PLC and North South University (NSU) have jointly launched Visa co-branded credit and prepaid cards on the university campus in Bashundhara, Dhaka..The initiative includes co-branded credit cards for NSU faculty and staff, and co-branded prepaid cards for students..Pro

BRAC Bank PLC yesterday lanunched a new “Digital First” branch on North Gulshan Avenue in the capital’s Gulshan area..Designed to provide unparalleled convenience and cutting-edge services, the branch redefines a customer-centric approach by combining personalised service with modern techn

NRB Bank PLC has signed a memorandum of understanding (MoU) with the National Pension Authority (NPA) to facilitate and accelerate the implementation of various schemes under the Universal Pension Scheme (UPS)..Md Mohiuddin Khan, executive chairman of the NPA, and Tarek Reaz Khan, managing

Eastern Bank PLC (EBL), in strategic collaboration with The Yours Truly Limited and global digital payment solutions provider Visa, has launched “SkyFlex Visa Prepaid Card”, a product tailored specifically for digitally savvy youth..Linked to the Flex app, this prepaid card offers dual-cur

Standard Bank PLC has recently entered into a memorandum of understanding (MoU) with the National Pension Authority (NPA)..Md Habibur Rahman, managing director and chief executive officer of the bank, and Md Mohiuddin Khan, executive chairman of the NPA, signed the MoU at the conference ro

Mastercard, a global digital payment solutions provider, has recently launched a campaign, titled “Dine. Delight. Depart for Thailand Campaign 2025”, in collaboration with Chef’s Table, a prominent multi-cuisine dining destination and food court in Bangladesh..Under this campaign, Masterca

Mercantile Bank PLC has entered into a memorandum of understanding (MoU) with the National Pension Authority (NPA) to facilitate and accelerate the implementation of various schemes under the Universal Pension Scheme (UPS)..Matiul Hasan, managing director of the bank, and Md Mohiuddin Khan

The new policy could damage morale and lead to long-term instability in the institution, they say

Community Bank Bangladesh PLC has signed a three-year agreement with West Zone Power Distribution Company Limited to facilitate the collection of all categories of electricity bills across the company’s western region..Kimiwa Saddat, managing director (current charge) of the bank, and Md A

The Bangladesh Bank recognised Prime Bank PLC in the “Sustainability Rating 2024”, marking the third consecutive year of receiving this achievement..This accolade underscores the bank’s steadfast commitment to sustainability, particularly in areas such as green refinancing, sustainable cor

Singer Bangladesh Limited has signed a memorandum of understanding (MoU) with the Bangladesh University of Engineering and Technology (Buet) to collaborate on a range of initiatives, including research and development (R&D) projects, knowledge sharing and workshops, internship programmes, job va

Officials from Pan Asia Banking Corporation helped thwart the $20 million cyber fraud attempt