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

Al-Arafah Islami Bank PLC has introduced three new deposit schemes as part of its continued commitment to broadening the reach and sophistication of modern banking services..The newly launched products include the Al-Wadiah Current Plus Account, Mudaraba Savings Plus Deposit, and Mudaraba

NCC Bank PLC has entered into a memorandum of understanding (MoU) with the National Pension Authority (NPA) in support of the implementation of the Universal Pension Scheme..M Shamsul Arefin, managing director of the bank, and Md Mahiuddin Khan, executive chairman of the NPA, signed the ag

Bangladeshi businesses have, thus far, experienced lower-than-average cost increases from tariffs and anticipate milder cost escalations in both the short and long term, according to HSBC’s 2025 Global Trade Pulse Survey..The survey, which gathered insights from over 5,700 international fi

Selim RF Hussain has resigned from the posts of managing director and chief executive officer (CEO) of BRAC Bank, effective from yesterday, according to a statement from the private lender. 

Prime Bank PLC has entered into a strategic partnership agreement with Niloy Motors Limited, an automotive enterprise under the Nitol-Niloy Group..Mamur Ahmed, senior executive vice-president and head of distribution of the bank, and Tanim Quraishi, head of corporate sales of the automobil

The fee was reduced to Tk 450 from Tk 500 in 2016

The fee was reduced to Tk 450 from Tk 500 in 2016