The profit decline follows the bank’s performance in 2024, when it plummeted 83% year on year

Immigration bars BB deputy governor Rahman from Namibia trip, others allowed to fly

KONA Software Lab Ltd, a payment and security solutions company in Bangladesh, launched the Kona Card Personalisation System (K-CPS) for Islami Bank Bangladesh PLC, enabling the bank to issue EMV-compliant debit, credit, and prepaid cards for TakaPay, a domestic scheme, as well as for global net

Md Abul Hashem has been appointed managing director (MD) and chief executive officer of Uttara Bank PLC..Prior to this appointment, Hashem served the bank as deputy managing director, head of treasury, and chief anti-money-laundering compliance officer (CAMLCO) concurrently, according to a

United Commercial Bank PLC (UCB) recently organised a “Hajj Agency Conference” at a local hotel in Sylhet, aiming to ensure better and more convenient services for Hajj pilgrims..Abul Alam Ferdous, additional managing director of United Commercial Bank PLC, attended the conference as the c

Shahjalal Islami Bank PLC yesterday opened a relocated Muradpur Branch at Katalganj in Panchlaish thana of Chattogram, aiming to provide better services to clients..Mosleh Uddin Ahmed, managing director of Shahjalal Islami Bank PLC, inaugurated the branch as the chief guest, according to a

Bank Asia PLC has entered into a partnership agreement with Sayeman Beach Resort, Cox’s Bazar to offer privileges to the bank’s credit cardholders..Zishan Ahammad, executive vice-president and head of cards, ADC and internet banking at Bank Asia PLC, and Md Ahsanul Hossain, manager of sale

Prime Bank PLC has unveiled a credit card, named “Zero by Prime Bank”, which abolishes all fees, redefining customer convenience and transparency in Bangladesh’s credit card industry..Zero by Prime Bank is a Visa Signature card that enables customers to enjoy premium benefits without any f

AB Bank PLC, in collaboration with the SME and Special Programs Department of Bangladesh Bank (BB) under the Skills for Industry Competitiveness and Innovation Program (SICIP) project, has launched a month-long skills development training initiative, titled the “Entrepreneurship Development Prog

SBAC Bank PLC has organised a conference, titled the “Branch Anti-Money Laundering Compliance Officers (BAMLCO) Conference 2025” at the bank’s head office in the capital recently..Md Mofizur Rahman Khan Chowdhury, director of the Bangladesh Financial Intelligence Unit (BFIU), attended the

City Bank PLC organised a daylong workshop on “Prevention of Money Laundering & Terrorist Financing, and ISS Reporting” in Barishal yesterday..A total of 43 officials from the retail and operations divisions of the bank participated in the workshop..Imtiaz Ahmad Masum, director of Ba

Midland Bank PLC organised an awareness programme on anti-money laundering (AML) and combating the financing of terrorism (CFT) for its board of directors and senior management at the bank’s head office in Dhaka on Tuesday..Ahsan Khan Chowdhury, chairman of Midland Bank PLC, inaugurated th

Eastern Bank PLC (EBL) has signed a memorandum of understanding (MoU) with Shanta Life Insurance to introduce innovative insurance solutions through its banking network..M Khorshed Anowar, deputy managing director, head of retail and SME banking, and chief bancassurance officer at Eastern

Islami Bank Bangladesh’s earnings took a heavy hit in 2024 as surging payouts to depositors and higher provision expenses dented its bottom line.

Dutch-Bangla Bank, a listed lender in the country, has decided to buy a building for its headquarters  in Dhaka’s Motijheel at a cost of Tk 1,016 crore.

NCC Bank PLC recently organised a four-day training programme, titled “Leadership Development and Team Building”, for its officials at the bank’s Learning and Development Centre in Dhaka..A total of 37 officers, identified for future leadership roles within the organisation, participated i

Prime Bank PLC has been honoured by Bangladesh Bank (BB) in the “Sustainability Rating 2024” in recognition of its strong and consistent commitment to sustainability practices..This marks the third consecutive year that Prime Bank has received the accolade, reaffirming its leadership in su

Eastern Bank PLC (EBL) has signed an agreement with Mohammad and Sons, a luxury watch boutique brand in Bangladesh..M Khorshed Anowar, deputy managing director and head of retail and SME banking at Eastern Bank PLC, and Sayed Rahman, general manager of Mohammad and Sons, signed the agreeme

Garment exporters yesterday called for an immediate solution to the liquidity crisis in five to six commercial banks so that they can pay workers’ salaries on time and open letters of credit (LCs) to continue normal business activities.

HSBC, in collaboration with CARE Bangladesh, is expanding its climate-resilient agriculture initiative in the southwest coastal area of Bangladesh through a project titled “Sunflower Radiance Journey towards Adaptation in a Market-oriented and Nature-based Initiative” (SURJAMONI)..The init