United Commercial Bank PLC (UCB) has recently convened “513th Board Meeting”, marking a milestone in the institution’s ongoing transformation journey..According to a press release, the board reviewed and approved the audited financial statements for the year ending 2024, alongside the unau

BRAC Bank has reported a remarkable 73 percent year-on-year growth in consolidated net profit after tax (NPAT) for 2024, despite prevailing challenges in the market environment..According to a press release, the bank’s consolidated financial statements which include its subsidiaries, refle

BRAC Bank has signed a strategic partnership agreement with Germany-based DEG Impulse to establish an SME Innovation Lab in Bangladesh’s banking sector, with a particular focus on women-led enterprises..The initiative will be implemented with the support of DEG Impulse gGmbH, a wholly owne

Eastern Bank PLC (EBL) has secured the highest possible credit rating of AAA from the Credit Rating Agency of Bangladesh Limited (CRAB), alongside a short-term rating of ST-1 and a stable outlook, marking the third consecutive year the bank has achieved this distinction..According to a pre

NRBC Bank PLC convened a “Strategic Business Conference 2025” yesterday under the theme “Together Towards Excellence” at a hotel in Dhaka..The conference brought together senior leadership from across the organisation..Md Ali Hossain Prodhania, chairman of the bank, inaugurated the d

Midland Bank PLC recently organised a capacity-building workshop entitled “Capacity Building of Textile and Apparel Businesses in Bangladesh under the Green Supply Chain Transition Programme”, held at Hotel Bengal Blueberry in Gulshan-2, Dhaka..Supported by the Global Supply Chain Support

Prime Bank PLC has recently signed a strategic agreement with Farazy Hospital Limited, aimed at improving access to quality healthcare while delivering enhanced value to the bank’s stakeholders..MM Rabiul Hasan, executive vice-president and chief bancassurance officer of the bank; and M Mo

Bank Asia signed a memorandum of understanding (MoU) with Bank Alfalah to acquire the latter's operations in Bangladesh, subject to regulatory approval and the completion of legal formalities.

Order also given to run banking activities until 10 pm in the branches

Sonali Bank PLC has convened its 18th annual general meeting (AGM)..Mohammad Muslim Chowdhury, chairman of the bank, presided over the meeting held at the bank’s head office in Dhaka on Wednesday, the bank said in a press release..Muhammed Mahbubur Rahman; Mohammad Abu Yusuf; Md Azim

Community Bank Bangladesh PLC has declared a cash dividend for the financial year ending on December 31, 2024..The announcement was made during the bank’s sixth annual general meeting (AGM), held on Wednesday at the Police Headquarters in Dhaka, according to a press release..Inspecto

Bengal Commercial Bank PLC (BGCB) recently convened its “National Sales Convention 2025” at the BGCB Training Centre, located in Dilkusha, Motijheel in Dhaka. The event was held under the theme “Leading Business, Inspiring Growth.”.Tarik Morshed, managing director and chief executive offic

Eastern Bank PLC (EBL) has recognised the winners of its promotional initiative, styled “EBL Skybanking Ramadan Campaign 2024”..Winners were selected based on the highest cumulative transaction values recorded during the campaign period..Conducted throughout the holy month of Ramadan

Visa, the global leader in digital payment solutions, has entered into a partnership agreement with Eastern Bank PLC (EBL) to launch "Visa Flexible Credential (VFC)", also known as Flex, with the aim of offering cardholders greater financial flexibility and convenience..Visa Flex enables a

NCC Bank PLC has opened a new Shariah-compliant banking branch in Muradpur, Chattogram..Md Nurun Newaz Salim, chairman of the bank, inaugurated the branch yesterday as the chief guest, according to a press release..In his address, Salim remarked: “Recognising the socio-economic impor

Bangladesh Bank issued a notice in this regard today

The seven-year instrument will be issued through private placement

Bangladesh Bank has recently discovered through a probe that the joint director of its Rajshahi office, who has been serving the central bank for 12 years under the name of Md Abdul Waresh Ansary, is actually an imposter.

Eastern Bank PLC (EBL) has launched a new Visa virtual prepaid card portfolio, offering customers a fully digital, eco-friendly payment solution..Ali Reza Iftekhar, managing director and CEO of the bank, inaugurated the virtual prepaid card at the bank’s head office in Dhaka yesterday, acc

Meghna Bank PLC has announced plans to raise Tk 400 crore through the issuance of its second subordinated bond, aimed at further strengthening its capital base..In this regard, the bank has entered into an agreement with BRAC EPL Investment Limited, an investment bank, which will act as th