City Bank won a “Leading Partner Bank in Bangladesh” award at the Trade and Supply Chain Finance Program (TSCFP) Awards 2022 of Asian Development Bank (ADB) recently for the highest number of transactions with the regional development bank. 

NRBC Bank recently won six prizes in six different categories of the South Asian Business Excellence Awards 2022 as the best bank for its resilience and digital transformation.

Bangladesh Bank recently took a set of initiatives to bring about an effective floating exchange rate, meaning that which will rise or fall based on supply and demand, to bring back stability in the foreign exchange market. 

Mercantile Bank Ltd won South Asian Business Excellence Award-2022 as the “Best Bank in the Private Sector” by South Asian Partnership Summit. 

The Bangladesh Bank has served show-cause notices on a good number of officials, asking them to explain how could media outlets published reports based on the central bank's findings on several banking scams.

Financial wellness platform Wagely Bangladesh this week hosted its sixth “wagely day” on the premises of garment manufacturer SQ Group. 

The central bank yesterday ordered six banks to spend 50 per cent of the profits they had earned from their foreign exchange businesses unethically between May and June for corporate social responsibility (CSR) programmes. 

A new digital platform rolled out by the Bangladesh Bank has opened a new horizon for local businesses to do trade with foreign currencies on a real-time basis.

South Bangla Agriculture and Commerce (SBAC) Bank and the Institute of Chartered Accountants of Bangladesh (ICAB) signed a memorandum of understanding (MoU) over documents verifications system (DVS) in Dhaka recently.

The six banks are Standard Chartered Bangladesh, Brac Bank, Dutch-Bangla Bank, The City Bank, Southeast Bank and Prime Bank.

The stock market regulator will investigate whether Bay Leasing and Investment has used unfair means while preparing its financial report as the company’s earnings swung significantly in 2021.

The Brac Bank agent banking team recently organised an Uthan Boithak, a knowledge-sharing engagement, for tea workers in Bahubal of Habiganj.

Midland Bank gets nod to raise Tk 70 crore through issuing seven crore ordinary shares in an initial public offering (IPO).

Bangladesh’s foreign exchange reserves today dipped below $37 billion due to high import payments against the slower than expected export earnings.

Scam-hit International Leasing Financial Services Ltd (ILFSL) has decided to offer shares of the company against its deposit and loan payments as part of its effort to revive the company.

Midland Bank gets nod to raise Tk 70 crore through issuing seven crore ordinary shares in an initial public offering (IPO).

Mercantile Bank recently launched 25 agent banking outlets across the country. 

Loan disbursement by non-bank financial institutions (NBFIs) surged 46 per cent year-on-year in the April-June quarter thanks to a recovery in demand after the reopening of the economy in the second half of last year.

Despite diverse challenges, the banking sector is evolving faster than ever before, and such changes are expected to happen even quicker in the coming years.

Prime Bank is going to raise a staggering syndicated term loan of Tk 500 crore for Sajida Foundation to disburse for the latter’s microfinance programme.