The exchange rate of dollar needs to be freed to make the garment business profitable at this crisis time, said a top leader of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today.

Matiul Islam Nowshad has recently been appointed as an independent director to the board of directors of City Bank.

Midland Bank recently signed a memorandum of understanding (MoU) with Hyderabad-based Yashoda Hospitals on providing benefits including discounts to the lender’s cardholders on availing healthcare services.

Banks in Bangladesh today decided to withdraw service charge on remittances sent home by expatriate Bangladeshis with a view to gearing up the inflow.

Pubali Bank Ltd is going to get a fund of $50 million from the British International Investment (BII), the UK’s development finance institution and impact investor, to lend to climate-related projects and boost climate mitigation activities across Bangladesh.  

Bangladesh Bank yesterday announced a new office timing for bankers and banking hours for service-seekers beginning from November 15.

Bangladesh Bank today announced a new office timing for bankers and banking hours for service seekers beginning from November 15.

Trust Bank and Hyderabad-based Yashoda Hospitals signed a memorandum of understanding recently on providing benefits, including discounts, to the lender’s cardholders on availing medical services. 

The Bangladesh Bank has relaxed the age limit for job-seekers in the banking sector due to the impacts of the coronavirus pandemic on the recruitment process. 

Sonali Bank and the Bureau of Manpower, Employment and Training (BMET) have inked an agreement to collect fees and charges payable by expatriates through the former’s gateway. 

Exim Bank has won a “2022 US Dollar Clearing Elite Quality Recognition” award from the JPMorgan Chase and Company. 

Standard Chartered Bangladesh and the Institute of Business Administration (IBA) have recently announced the launch of the Standard Chartered-IBA Innovation Challenge.

Bangladesh Bank has relaxed the age limit for job-seekers in the banking sector due to the impacts of the coronavirus pandemic on the recruitment process.

The Bangladesh Securities and Exchange Commission today revoked for a second time an order which had stipulated that investors could buy shares only against funds already present in beneficiary owners’ accounts.

Do we know which were the top remittance receiving banks in Bangladesh for the month?

Remittance declined further in October, intensifying the pressure on the government to manage its macroeconomy amid plummeting foreign exchange reserves.

The City Bank Ltd made a Tk 330.55 crore consolidated profit after tax in the January to September period of 2022. 

Mutual Trust Bank logged a profit of Tk 223 crore in the January-September period of 2022. 

Romana Rouf Chowdhury has been elected chairman of Bank Asia Securities at the 51st meeting of its Board of Directors. 

Standard Chartered Bangladesh and Friendship, which terms itself a social purpose organisation, recently signed an agreement to run a project for 750 residents of Ghughumari Char, a remote island in Kurigram.