Sonali Bank has for a second consecutive time secured first position in implementing annual performance agreements (APA) in fiscal year 2021-22 among state-owned commercial banks of financial institutions division under the Ministry of Finance. 

Bangladesh’s remittance earnings crossed the $2-billion mark for the second consecutive month in August.

People who hoarded US dollar illegally will face punitive measures, the Bangladesh Bank said yesterday.

Al-Arafah Islami Bank has received approval to raise Tk 500 crore by issuing a non-convertible, floating and mudaraba subordinated bond.

Golam Kabir and Mohammed Jamil Iqbal have been re-elected as vice chairmen of NRB Bank Limited.

Punitive actions will be taken against people who have hoarded US dollars illegally, the Bangladesh Bank said today.

Brac Bank has become the first bank in Bangladesh to introduce a toll-free number at call centres.

Bangladesh Bank yesterday issued a set of rules for the appointment of directors at non-banking financial institutions (NBFIs) in order to strengthen corporate governance.

Islami Bank Bangladesh Ltd won the top performing banking award in sustainability rating by the Bangladesh Institute of Bank Management (BIBM) on Sunday.

Md Murshedul Kabir has joined Agrani Bank Ltd in the post of managing director (MD) and chief executive officer on Sunday.

IFIC Bank has decided to issue a Tk 500-crore non-convertible coupon bearing subordinated bond. 

Mohammad Jahangir has joined Rupali Bank in the post of managing director and chief executive officer yesterday.

The Hongkong and Shanghai Banking Corporation Ltd (HSBC) Bangladesh was named as the market leader in Bangladesh in the highest three categories for corporate social responsibility (CSR), environmental, social, and governance (ESG) and corporate banking in a survey done by Euromoney.

Md Afzal Karim joined Sonali Bank Limited in the post of chief executive officer and managing director yesterday.

Romo Rouf Chowdhury has been elected chairman of Bank Asia Ltd in the 479th meeting of the Board of Directors of the bank on Thursday. 

Open banking, which allows sharing data among banks, financial institutions and fintech with customers’ consent, can further enable financial inclusion and easier access to financing for small and medium enterprises (SMEs), experts said yesterday. 

Open banking, which allows sharing data among banks, financial institutions and fintech with customers’ consent, can further enable financial inclusion and easier access to financing for small and medium enterprises (SMEs), experts said today.

Prime Bank recently signed an agreement with Robi Axiata Ltd to offer its advanced digital services to end beneficiaries of the mobile network operator. 

The Covid-19 pandemic has set back the fight against poverty in Asia and the Pacific by at least two years, and many in the region will likely find it harder than before to escape poverty, according to a report from the Asian Development Bank (ADB). 

Bank Asia has signed an agreement with Women & e-Commerce (WE) to ensure necessary support for women entrepreneurs of cottage, micro, small and medium enterprises (CMSMEs) under “Neelima”, which is the lender’s special service platform for women entrepreneurs.