Prime Bank Ltd has decided to issue an unsecured, non-convertible and redeemable subordinated bond of Tk 600 crore for seven years to enhance its capital base. 

Banks in Bangladesh today refixed the rates at which they would buy US dollars from exporters and foreign exchange houses that mobilise remittances from migrant workers.

Anwarul Islam, director of the department of offsite supervision at Bangladesh Bank, was promoted to be the executive director of the central bank today.

AB Bank and GD Assist, a subsidiary of Green Delta Insurance Company, signed an agreement recently offering the lender’s cardholders up to 10 per cent discount on different services under the latter’s health package. 

Jamuna Bank has reappointed its managing director and CEO for a five-year term, effective from today. 

Shahjalal Islami Bank Ltd’s profit rose more than 36 per cent year-on-year to Tk 101.57 crore in the July-September quarter. 

Shahjalal Islami Bank Ltd’s profit rose more than 36 per cent year-on-year to Tk 101.57 crore in the July-September quarter.

The High Court today wanted to know what action has been taken against the persons, including five deputy governors of Bangladesh Bank, who were reportedly involved in the financial scam of Tk 3,700 crore.

City Bank has announced that it would provide Bangladeshi migrants in Malaysia 2 per cent of whatever they send home as remittance on top of the 2.5 per cent provided by the government as an incentive. 

Bank Asia has signed an “Issuing Bank Agreement” with the Export-Import (Exim) Bank of India to avail a “Trade Assistance Programme” (TAP). 

Dhaka Bank signed an issuing bank agreement with Exim Bank of India under the latter’s Trade Assistance Programme in Dhaka yesterday.

Brac Bank in collaboration with the Department of Fire Service and Civil Defence conducted a fire-safety and emergency evacuation drill at the bank’s head office in Dhaka as part of its continuous effort to ensure workplace safety and security for its people.

Bank Asia has launched the country’s first women’s ATM booth at Sonakanda in Keraniganj, Dhaka aiming to encourage females’ access to digital transactions and improving financial management.

Padma Bank recently launched a slew of new home loan products designed as per the income of customers.

Brac Bank recently signed an agreement with Technical Training Centre (TTC) Kurigram to provide banking services to the institution.

Mercantile Bank signed an agreement with Pran-RFL Group over cash management services on Tuesday.

NCC Bank recently provided a loan worth Tk 15 lakh to Neilex which is working on “Child Mode Apps”. 

A professor of the Institute of Business Administration (IBA) at the University of Dhaka has been elected president of Asia Marketing Federation. 

Premier Bank has recently appointed a consultant. 

Internet banking transactions nearly doubled to Tk 23,548 crore in July compared to a year earlier, central bank figures showed as more people in Bangladesh are using computers and mobile apps to access various financial services.