Eleven more banks that were hit by irregularities and scams during the Awami League government’s tenure are set to undergo an asset quality review (AQR) by global audit firms.

Southeast Bank PLC has recently inaugurated its CEPZ branch at the Commercial Complex within the Chattogram Export Processing Zone (EPZ), aiming to expand access to modern banking services..According to a press release, this marks the bank’s 136th branch..The new branch will offer a

Mercantile Bank PLC has executed the proof of concept (PoC) for a green Letter of Credit (LC), marking the bank’s first inland LC transaction on a domestically developed blockchain-based digital trade platform..Mati Ul Hasan, managing director of the bank, inaugurated the PoC at a ceremony

City Bank PLC has declared a 25 percent dividend, including a 12.5 percent cash dividend, for the year 2024..The announcement was made during the bank’s 42nd annual general meeting (AGM), which was held virtually on Sunday, according to a press release..Aziz Al Kaiser, chairman of th

Remittance inflows crossed the $30 billion mark on Saturday, two days before the fiscal year is due to end, making it the highest receipts yet in Bangladesh’s history.

BRAC Bank has won the gold award in the Process Innovation category at the 10th Infosys Finacle Innovation Awards 2025 for its “Automated Transaction Profiling Review and Adjustment” initiative..Nurun Nahar Begum, chief technology officer of the bank, accepted the award at the ceremony hos

BRAC Bank has entered into a strategic partnership with Visa, a global leader in digital payment solutions, to introduce “Visa Direct for Account”, a faster, more reliable, and cost-effective solution for outward international money transfers..Md Shaheen Iqbal, deputy managing director and

IFIC Bank PLC, in collaboration with the Department of Anthropology at the Shahjalal University of Science and Technology (SUST), recently organised a workshop on financial literacy on the university campus..The initiative aimed to equip students with practical knowledge of personal financ

Dhaka Bank PLC has launched a new sub-branch at Hazratpur in Keraniganj of Dhaka, operating under its Kalatia branch..According to a press release, this marks the bank’s 35th sub-branch..Sheikh Mohammad Maroof, managing director and chief executive officer of the bank, inaugurated th

Eastern Bank PLC (EBL) has entered into a payroll banking agreement with Matador Group, a business conglomerate in Bangladesh..Ahmed Shaheen, additional managing director of EBL, and Md Sagirul Alam, managing director of Matador Ballpen Industries Limited, signed the agreement at the bank’

Prime Bank PLC recognised seven of its entrepreneur clients from across the country yesterday in celebration of International MSME Day 2025, acknowledging their outstanding contributions to the economy..Selected from over 11,500 active loan clients, six of the awardees are SME entrepreneur

Dhaka Bank PLC, in partnership with the Buet Graduates Club and Mastercard, has launched a co-branded credit card tailored specifically for the club’s members..The card was unveiled at a recent event in Dhaka by Sheikh Mohammad Maroof, managing director and CEO of the bank; Khaled Hossain

Midland Bank PLC has recently signed an agreement with Visa, a global leader in digital payments, to introduce a new service titled ‘Visa Direct for Account’..Md Ahsan-uz Zaman, managing director of the bank, and Sabbir Ahmed, country manager for Bangladesh, Nepal and Bhutan at Visa, signe

Pubali Bank PLC has recently signed a memorandum of understanding (MoU) with Aqidah Healthcare Limited, a healthcare service provider in Bangladesh..Md Shahnewaz Khan, deputy managing director of the bank, and Md Ashraful Bari, chief executive officer and consultant psychiatrist at Aqidah

Bengal Commercial Bank PLC organised the “Micro Credit Conclave 2025” for members of micro credit team at its training centre in the capital’s Dilkusha on Wednesday..Tarik Morshed, managing director and chief executive officer of the bank, inaugurated the programme as the chief guest, acco

Prime Bank’s long-term credit rating has been upgraded to AAA by the Credit Rating Agency of Bangladesh Limited (CRAB), with a short-term rating assigned at ST-1..This notable upgrade stands as a testament to Prime Bank’s three-decade commitment to financial resilience, responsible banking

Shahjalal Islami Bank PLC has announced a 10 percent cash dividend for the financial year ending December 31, 2024..The declaration was made during the bank’s 24th annual general meeting (AGM), which was held virtually yesterday, according to a press release issued by the bank..The m

GDP growth may reach 5% in FY26, the bank predicts

United Commercial Bank PLC (UCB), in collaboration with the Bangladesh Bank (BB), has inaugurated a month-long initiative titled the “Entrepreneurship Development Programme” in Bogura..Supported by the Skills for Industry Competitiveness and Innovation Programme (SICIP) under the Ministry

NCC Bank PLC has inaugurated Islamic banking windows at five of its Dhaka branches -- Kawran Bazar, Panthapath, Uttara, Mirpur, and Banani -- as part of its strategic initiative to expand Shariah-compliant financial services..According to a press release, the inauguration was recently offi