Bangladesh economy to grow 5.7% in FY24, the lender says

Prime Bank’s profit rose 20 percent year-on-year to Tk 480 crore in 2023.

Plastic money transactions fell 4.77% to Tk 3,057 crore

No new proposal will be accepted before the completion of the five, BB says

The Bangladesh Bureau of Statistics says in quarterly GDP estimate

United Commercial Bank (UCB) is likely to take over trouble-ridden National Bank Ltd (NBL), according to officials of the lenders. 

Meghna Bank approved a 12.50 percent dividend, including 10 percent cash dividend, for the year that ended on December 31, 2023.

Shahjalal Islami Bank recently organised the 871st meeting of its executive committee at its corporate head office in Dhaka.

NCC Bank recently achieved the Payment Card Industry Data Security Standard (PCI-DSS) certification for card data security.

The multinational bank made Tk 43 crore in 2023, up from the previous year's Tk 13 crore

State-owned and trouble-ridden BASIC Bank is expected to merge with City Bank — a development that comes less than a week after the government decided in principle to merge four state banks

Md Saidul Islam has recently been re-elected as chairman of Jamuna Bank for another one year.

Shahjalal Islami Bank recently organised the 376th meeting of the Board of Directors of the bank at its corporate head office in Dhaka.

BRAC Bank recently promoted an official to the post of deputy managing director (DMD), effective from April 1.

Zafar Alam, managing director and CEO of Social Islami Bank, recently attended the 22nd meeting of the participants committee of Awqaf Properties Investment Fund (APIF) in Jeddah, Saudi Arabia, as a shareholder of the APIF.

Mercantile Bank recently donated Tk 5 lakh to the Society for the Welfare of Autistic Children (SWAC) as part of corporate social responsibility of the bank.

Bank Alfalah Bangladesh recently signed a memorandum of understanding (MoU) with the Bangladesh Bank for green financing at reduced rates with support of the central bank.

Md Zahedul Hoque has recently been elected as chairman of the Executive Committee of Standard Bank.

Eastern Bank recently signed a payment gateway agreement with Meghna Bank.

Pragati Life Insurance recently signed a bancassurance agreement with BRAC Bank, enabling the latter’s customers to conveniently purchase the insurer’s diverse range of insurance products.