Considering the sheer volume of Beximco’s debt, the government does not think it’s feasible to reopen the textile and garment factories that were taken out of production by the group, Labour Adviser Brig Gen (retd) M Sakhawat Hussain said yesterday.

Premier Bank PLC recently organised the “Sub-Branch & Islamic Window Conference-2025” at the bank’s head office in Dhaka..Mohammad Abu Jafar, managing director and CEO of the bank, attended the conference as the chief guest, the bank said in a press release..Commenting on the event,

First Security Islami Bank PLC held the 285th meeting of the Board of Directors at its head office in the capital’s Gulshan on Wednesday..Mohammad Abdul Mannan, chairman of the bank, presided over the meeting, the bank said in a press release..Md Azizur Rahman, vice-chairman of the b

Eastern Bank PLC (EBL) has signed a partnership agreement with Nou Kollan Foundation Trading Company Limited (NKFTCL), a welfare enterprise of Nou Kollan Foundation of Bangladesh Navy, to work jointly on environmental sustainability and community support in the Bhashanchar coastal regions of Ban

Dhaka Bank PLC recently signed a partnership agreement with Sheba.xyz, the largest online service marketplace in Bangladesh..HM Mostafizur Rahaman, senior executive vice-president and head of the retail business division of the bank, and Ilmul Haque Sajib, managing director of Sheba Fintec

Pubali Bank PLC and IFAD Motors Limited, a concern of IFAD Group, signed an agreement recently facilitating a 24-equal monthly instalment facility for credit cardholders on Royal Enfield motorcycle purchases..Md Shahnewaz Khan, deputy managing director of the bank, and Taskeen Ahmed, manag

Bangladesh Bank will float it in March this year

Business delegations of the two nations sat in a meeting today at the FBCCI

Pubali Bank PLC launched the “Islamic Banking Corner” at the Khamarbari branch in the Farmgate area of Dhaka yesterday in a bid to meet the growing demand for Islamic banking services..Through the corner, customers will have easy access to a full range of Islamic banking services..Md

Trust Bank PLC opened its relocated and renamed Army Stadium branch at Captain’s World-2, Banani on Airport Road at Dhaka Cantonment in the capital on Tuesday..Earlier, the branch was named after the Radisson Water Garden Hotel branch..Maj Gen Md Masudur Rahman, adjutant general of t

The clearance will be issued on a consignment basis under certain conditions

Thousands of workers held a mass rally yesterday in Gazipur, demanding the reopening of all 16 factories which were shut down within the Beximco Industrial Park.

Midland Bank PLC recently organised the “Annual Agent Banking Conference 2025” at the Lakeshore Hotel in the capital’s Gulshan..Md Ahsan-uz Zaman, managing director and CEO of the bank, presided over the conference, the bank said in a press release..Agent owners and representatives f

A workshop on “Sustainability and Climate-Related Financial Disclosures” for senior executives of non-banking financial institutions (NBFIs) was held at Eastern Bank’s head office in Dhaka recently..It was the second day of the two-day workshop organised by the Joint Impact Model (JIM) Fou

A delegation led by Prof Golam Rahman, president of Dhaka Ahsania Mission and chairman of the Trustee Board of the Ahsanullah University of Science and Technology (AUST), recently visited MA Kashem, chairman of Southeast Bank, at the bank’s head office in Dhaka..The primary aim of the meet

BB eases foreign travel policy for bank officials

The bank has been asked to submit another application nominating another suitable candidate

Prof Md Maksudur Rahman Sarker, an independent director of SBAC Bank PLC and chairman of the Department of Accounting and Information Systems at the University of Dhaka, has been appointed as the chairman of the Audit Committee of SBAC Bank PLC..The decision was made during the 189th meeti

National Credit and Commerce Bank (NCC Bank) PLC recently distributed agricultural materials and machinery free of cost among 500 flood-affected and farmers of Maijdee and Chowmuhani in Noakhali under its special corporate social responsibility (CSR) initiative..The materials included vari

Dhaka Bank PLC signed a memorandum of understanding (MoU) with Dhaka North City Corporation (DNCC) for collecting holding tax and trade licence fees from the residents of DNCC..Sheikh Mohammad Maroof, managing director and CEO of the bank, and Mohammed Masud Alam Siddique, chief executive