Bangladesh Bank (BB) is going to announce a new monetary policy on Sunday in line with the advice of the International Monetary Fund (IMF).

Mohammed Younus was unanimously re-elected as the chairman of Shahjalal Islami Bank at the bank’s 354th board meeting on Wednesday.

Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.

Brac Bank is going to get $100 million from Japan International Cooperation Agency (Jica) and Citibank NA as loan mainly to finance green factory, renewable energy, energy and resource efficiency and efficient waste management.

Bank Asia Limited has signed a participatory agreement with Bangladesh Bank (BB) under a refinance scheme of Tk 5,000 crore for the agriculture sector aiming to ensure food security of the country.

Mohammad Ali has been appointed as the managing director and chief executive officer of Pubali Bank Limited by the board of directors.

Brac Bank Limited will get $50 million loan from a German development finance institution to support SMEs and women entrepreneurs in Bangladesh.

The High Court yesterday asked authorities concerned to explain why appropriate legal measures should not be taken against National Bank and its board of directors over their alleged involvement in corruption and money laundering. 

Sonali Bank has introduced new digital banking services with the aim of bringing technology-based modern banking services to the doorsteps of its clients, especially expatriate Bangladeshis living in any part of the world.

Dhaka Bank recently promoted Akhlaqur Rahman and Sheikh Abdul Bakir to the post of deputy managing directors.

Pubali Bank Limited and the Bangladesh Bank signed an agreement on disbursement of loans under a refinancing scheme worth Tk 5,000 crore for food security of the country.

The government should take proper, visible and fast actions to ensure good governance in the banking sector, said economists yesterday.

Banks can write off loans up to Tk 5 lakh in the agriculture, cottage, micro, small and medium enterprise, and other sectors without filing any court cases, said the central bank yesterday. 

The significant depreciation of the taka, upward movements of interest rates in the advanced and emerging economies, and the tight global financial condition might lift the cost of foreign borrowings and debt burden, said the Bangladesh Bank.

Islami Bank Bangladesh Limited (IBBL) has opened a “premier stall” at Dhaka International Trade Fair-2023.

NCC Bank has won two international awards for the “Best Use of Technology” and “Fastest Growing Digital Transformation” that highlighted the bank’s contribution to the technological development in the banking sector of Bangladesh.

Kazi Abdur Rahman joined Rajshahi Krishi Unnayan Bank (Rakub) in the post of deputy managing director (DMD) recently.

NCC Bank recently signed an agreement with Millennium Information Solution for the supply and implementation of “NCC Islamic Banking Solutions” software. 

Islami Bank Bangladesh Ltd has received consent from the Bangladesh Securities and Exchange Commission (BSEC) to raise Tk 800 crore by issuing subordinated bonds.   

Kazi Khurram Ahmed has been elected vice-chairman of Standard Bank at a meeting of the board of directors recently.