United Commercial Bank (UCB) has decided to form two subsidiaries in Hong Kong and Malaysia to run trade finance and money service business, albeit all subject to the approval of the regulatory authorities.

Islami Bank Bangladesh has stepped into its 40th year of operations, with a deposit portfolio of Tk 1.40 trillion and investment portfolio of Tk 1.16 trillion.

Banks in Bangladesh will remain open from 9:30am to 4:00pm every working day during the month of Ramadan, which may begin on April 3 according to the Bangladesh Islamic Foundation.

South Bangla Agriculture and Commerce Bank (SBAC) recently witnessed the promotion of its deputy managing director to the post of senior executive vice-president.

Visa Worldwide Pte Ltd has partnered with Eastern Bank Ltd to roll out a solution to offer trustee services to its member banks, the first of its kind in Bangladesh.

The Payment and Settlement Systems Bill, 2022 was placed in Parliament today with a provision for punishing top bank officials for committing bank fraud through digital cheques.

City Bank recently witnessed the promotion of its deputy managing director and chief financial officer to the post of additional managing director.

The Islamic Development Bank (IsDB) will finance Tk 398 crore for the country’s cottage, micro, small and medium enterprises (CMSMEs) with a view to propping up the businesses hit hard by the pandemic.

Brac Bank recently signed a partnership agreement with Singapore-based multinational bank DBS such that Bangladeshi migrants in Singapore could easily transfer their hard-earned income to their families with minimal expenses.

Islami Bangladesh Bank Ltd (IBBL) and mobile financial service provider bKash signed a partnership agreement to jointly inaugurate the Instant Add Money (IAM) service for customers.

City Bank has won a “Best Issuing Bank in South Asia” award from International Finance Corporation (IFC), a member of World Bank Group.

Bangladesh Bank yesterday gave the green light to rollout contactless debit and prepaid cards with a view to push digital transactions in the country.

Md Ataur Rahman Prodhan, chief executive officer and managing director of Sonali Bank Ltd, has been re-elected as chairman of Primary Dealers Bangladesh Ltd (PDBL) for a one-year term.

S Renganathan, group managing director of the Commercial Bank of Ceylon PLC, is scheduled to visit Bangladesh today.

Bank Asia recently signed an agreement over a syndicated unsecured term loan facility for $25 million arranged by Bank Muscat based in the Sultanate of Oman.

Brac Bank has launched a multi-currency debit card that enables its customers to make international transactions and purchases from global e-commerce sites.

Dhaka Bank inaugurated the “Dhaka Bank Mujib Corner” to mark the birth centenary of Bangabandhu Sheikh Mujibur Rahman in the month of independence.

Bank Asia launched “Neelima”, a platform for the development of women entrepreneurs, on the occasion of International Women’s Day 2022 at the bank’s corporate office in Dhaka on March 8.

Eight business entities and a government app were crowned at the 2nd HSBC Business Excellence Awards for their role in promoting Bangladesh and contributing to the sustainable growth of the economy during the challenging time brought on by the coronavirus pandemic.

Have you ever bought a national prize bond? If you have, then please match your bond numbers with the draw results again as you could be one of those lucky few who are yet to claim their prize despite winning the lottery.