The move aims to support the bank’s Basel-III regulatory capital requirements

BB seeks govt approval to extend deadline

A delegation from JP Morgan Payments, led by Christine Tan, managing director and head for Asia Pacific at Financial Institutions Group (FIG) sales and payments, recently met with Nuruddin Md Sadeque Hossain, managing director of Southeast Bank PLC, at the bank’s head office in Dhaka recently.</

Padma Bank PLC recently held 125th board meeting at its head office in Dhaka, according to a press release..Md Shawkat Ali Khan, chairman of Padma Bank and managing director and CEO of Sonali Bank PLC, presided over the meeting..Kazi Md Talha, chief executive officer (current charge)

BRAC Bank’s branch network recorded a net deposit growth of Tk 5,000 crore in the first quarter of 2025, reflecting sustained momentum in deposit mobilisation..This accomplishment builds upon a consistent upward trajectory in deposit accumulation by the bank’s distribution network over the

Jamuna Bank PLC has recently entered into a corporate health agreement with Universal Medical College & Hospital Limited..Mirza Elias Uddin Ahmed, managing director and CEO of the bank, and Ashish Kumar Chakraborty, managing director of the medical college and hospital, signed the agreemen

Rashed A Chowdhury and Arif Dowla have been elected chairman and vice-chairman, respectively, of Mutual Trust Bank (MTB) PLC..Their appointments were confirmed during the 320th meeting of the bank’s board of directors, held recently at its head office in Dhaka, according to a press release

The bank attributed the loss to rising interest expenses and continued non-recovery from loan defaulters

Bangladeshi migrants sent home $2.75 billion in the month

The bank made Tk 169.17 crore in 2024

Pubali Bank PLC has entered into an agreement with the Bangladesh Bridge Authority (BBA) for the collection of tolls on the Padma Bridge through an electronic toll collection (ETC) system, facilitated via Pubali Bank’s mobile banking application, PI..Md Rabiul Alam, deputy general manager

Migrants sent home $2.6 billion in the first 29 days of April

Private commercial lenders BRAC Bank and City Bank registered significant profit growth last year..BRAC Bank’s consolidated profit surged 73 percent year-on-year to nearly Tk 1,432 crore, while that of City Bank rose by 59 percent to around Tk 1,014 crore..BRAC Bank reported consolid

Jamuna Bank PLC has entered into an agreement with the Bangladesh Bridge Authority (BBA) to facilitate the implementation of a modern, transparent, time-efficient, and technology-driven toll collection system on the Padma Bridge..Under the terms of the agreement, both parties will collabor

Mercantile Bank PLC organised a daylong training programme titled “Prevention of Money Laundering & Combating Financing against Terrorism” for officials from the Chattogram, Feni, Noakhali, and Cumilla regions..The event was held at Chattogram Club in the port city recently..Accordin

Abdus Salam, a sponsor director, has been elected vice-chairman of NCC Bank PLC..The election took place during a recent meeting of the bank’s board of directors, according to a press release..Over the decades, he has distinguished himself as an authority in electromechanical install

IFIC Bank PLC has signed a memorandum of understanding (MoU) with the Investment Corporation of Bangladesh (ICB) to provide payroll banking services for ICB’s employees..Md Nazimul Hoque, chief manager of principal branch at the bank, and Md Anwar Shamim, general manager of ICB, signed the

Al-Arafah Islami Bank PLC has opened a hajj booth to provide services to hajj pilgrims at Ashkona Hajj Camp on Monday..Mohd Rafat Ullah Khan, managing director (current charge) of the bank, inaugurated the booth as the chief guest, said a press release..In his speech, Khan said, “Haj

EXIM Bank PLC yesterday launched a hajj booth at the Ashkona Hajj Camp to provide essential services to pilgrims during the hajj season..M Akhter Hossain, managing director (current charge) of the bank, inaugurated the booth as the chief guest, according to a press release..The booth

Trust Bank PLC has recently signed a memorandum of understanding (MoU) with Bangladesh Jail..Under this MoU, all personnel employed by Bangladesh Jail nationwide will be eligible to open salary accounts with Trust Bank and avail themselves of a comprehensive suite of banking services..<