NCC Bank PLC has signed a memorandum of understanding (MoU) with bKash Limited, the leading mobile financial services (MFS) provider in Bangladesh, to introduce 24/7 automated cash management services..M Shamsul Arefin, managing director of the bank, and Kamal Quadir, chief executive offic

Eastern Bank PLC (EBL) has announced a 35 percent dividend, including a 17.50 percent cash dividend, for the year that ended on December 31, 2024..The declaration was made during the bank’s 33rd annual general meeting (AGM), which was held virtually yesterday, according to a press release

Dhaka Bank PLC has achieved a milestone by opening over 5 lakh new accounts and mobilising fresh deposits exceeding Tk 6,000 crore in four months, spanning January to April this year, according to a press release..This accomplishment aligns with the bank’s strategic objectives of fostering

The US House Budget Committee voted late on Sunday to move forward with President Donald Trump's "One Big Beautiful Bill Act", a proposal that could make sending money back home more expensive for three lakh Bangladeshis currently living in the United States.

Export Import Bank of Bangladesh PLC, known as EXIM Bank PLC, has recently inaugurated a relocated branch at Madhabdi Bazar in Madhabdi upazila of Narsingdi..M Akhter Hossain, managing director (current charge) of the bank, inaugurated the branch as the chief guest, according to a press re

United Commercial Bank PLC (UCB) and Chattogram City Corporation (CCC) have entered into a memorandum of understanding (MoU), marking the commencement of a series of collaborative initiatives aimed at fostering a greener Chattogram..In accordance with the MoU, the long-abandoned playground

Social Islami Bank PLC has entered into a corporate agreement with Bangladesh Specialised Hospital PLC..Under this agreement, the bank’s cardholders, officials, employees, and their family members will be entitled to a range of benefits, including a discount of 10 to 20 percent on various

Midland Bank PLC has signed a memorandum of understanding (MoU) with the National Pension Authority (NPA) to support the government’s implementation of the Universal Pension Scheme (UPS)..Md Mahiuddin Khan, executive chairman of the NPA, and Md Ahsan-uz Zaman, managing director and CEO of

IFIC Bank PLC has generously donated a bus to Patuakhali Science and Technology University (PSTU) to enhance student transportation facilities..Md Mehmood Husain, chairman of the bank, ceremonially handed over a symbolic bus key to Prof Kazi Rafiqul Islam, vice-chancellor of PSTU, at a rec

Prime Bank PLC has entered into a strategic partnership agreement with ShareTrip, a leading travel-tech company in Bangladesh..Md Nazeem A Choudhury, deputy managing director of the bank, and Sadia Haque, co-founder and CEO of the travel-tech company, signed the agreement at the bank’s cor

Bank Asia PLC recently organised a daylong training programme on “Prevention of Money Laundering & Combating the Financing of Terrorism” at the Bank Asia Institute for Training and Development, located in the capital’s Lalmatia..Ziaul Hasan, deputy managing director, CAMLCO and head of cha

The facility shall be admissible for one correspondence course at a time

The government has decided to create a fund to compensate victims of financial irregularities by using money and assets recovered from alleged embezzlers and money launderers.

Prime Bank PLC has signed a payroll banking agreement with BHL Group, one of the country’s emerging business conglomerates..M Nazeem A Choudhury, deputy managing director of the bank, and Swapan Kumar Ghosh, finance director of the group, signed the agreement at the bank’s corporate office

Pubali Bank PLC, in collaboration with the Bangladesh University of Engineering and Technology (Buet), has launched a co-branded card for its clients..Prof Abu Borhan Mohammad Badruzzaman, vice-chancellor of the Buet, inaugurated the card, at the BUET Council Bhaban auditorium in the capit

NCC Bank PLC has celebrated its 32nd anniversary, reaffirming its dedication to remaining a beacon of trust and reliability for its clients..Md Nurun Newaz Salim, chairman of the bank, inaugurated the celebratory programme at the bank’s head office in Dhaka, according to a press release.</

Trust Bank PLC reported a fall in profit for the first quarter of 2025, as rising expenses dented its earnings.

The government will form an independent board to run mobile financial service provider Nagad, Finance Adviser Salehuddin Ahmed said yesterday.

The inter-bank exchange rate hit Tk 122.78 per US dollar today

BRAC Bank PLC has recently signed a memorandum of understanding (MoU) with the Consulate of Zambia in Bangladesh, establishing a strategic banking partnership..Under the MoU, the diplomatic office will benefit from advanced banking services through tailor-made transaction banking solutions