Community Bank Bangladesh signed a participating agreement with Bangladesh Bank under its Long-Term Financing Facility (LTFF) to finance small, medium and large export-oriented manufacturing firms..Liza Fahmida, director of the Financial Sector Support and Strategic Planning Department of

Prime Bank signed a payroll banking agreement with REVE Group, a prominent player in technology and the readymade garment industry, aimed at enhancing banking services for the latter’s employees..Md Nazeem A Choudhury, deputy managing director of the bank, and M Rezaul Hassan, group chief

$1.42 billion of import bills for May and June were paid through Asian Clearing Union (ACU)

The Hongkong and Shanghai Banking Corporation (HSBC) Bangladesh has been honoured with the “Best Sub Custodian of the Year” award for the first-time in Bangladesh at The Asset Triple A Sustainable Investing Awards 2024..This achievement highlights HSBC’s ongoing commitment to providing exc

NRB Bank signed a participating agreement with Bangladesh Bank (BB) under its Long-Term Financing Facility (LTFF) to finance small, medium and large export-oriented manufacturing firms..Liza Fahmida, director of the financial sector support and strategic planning department (FSSSPD) of the

Commercial Bank of Ceylon recently signed a memorandum of understanding (MoU) with Mana Bay, a premium water park located at Gazaria, Munshiganj..Kasun Herath, deputy chief executive officer and chief operating officer of the bank, and Salim Khan Surattee, assistant vice-president of the w

Mercantile Bank launched the “Bangla QR Code” based service to make banking easier, more advanced and technology driven..From now on, the bank’s customers can make purchases and payments through Bangla QR services by utilising the “MBL Rainbow” app..Md Quamrul Islam Chowdhury, managi

Turnover at the Dhaka Stock Exchange (DSE) crossed the Tk 1,000-crore mark yesterday after two months as the shares extended a rally for the sixth consecutive day riding on gains of blue-chip stocks.

Ctg customs bids out 118 tonnes of apple, orange at only Tk 74.6 lakh

The growth rate hovered around 2.3% in the same period of FY23

The Anti-Corruption Commission has written to Bangladesh Bank and Islami Bank seeking information on 14 companies, including 11 of Nabil Group, regarding embezzlement of crores of taka from the Shariah-based bank through alleged loan fraud.

The Bangladesh Bank today unveiled the latest iteration of its exit policy that offers borrowers the option to close off their loan account within three years by paying only 10 percent as down payment and no interest

Meghna Bank recently celebrated the success of its half-yearly closing (in the January-June period of 2024) at the bank’s head office in Dhaka. The bank achieved significant growth in deposits and in other parameters during this period.

The Financial Integrity and Customer Services Department (FICSD) of Bangladesh Bank, in association with Dhaka Bank, organised an event styled “Customer Awareness Week, Khulna- 2024” to raise banking awareness among customers.

Midland Bank recently opened a relocated Madhabdi sub-branch in Narsingdi. The sub-branch is equipped with modern banking facilities, including a cash recycling machine (CRM), which allows cash withdrawals and deposits. Md Ahsan-uz Zaman, managing director and CEO of the bank, inaugurated the sub-branch.

BRAC Bank and the Chinese Enterprise Association in Bangladesh (CEAB) recently signed a partnership agreement under which the bank will set up a dedicated “China Desk” to enhance service offerings for CEAB members..The desk will be staffed by Mandarin-speaking professionals, providing tailored support to the Chinese business community.

Bangladesh’s banking sector is bearing the brunt of the political bias towards the wealthy and the influential, experts said.

Mutual Trust Bank (MTB) has been honoured with the “Excellence in Consumer Financing Bangladesh 2024” award by Global Business magazine..This accolade recognises the bank’s commitment to providing innovative and inclusive financial solutions tailored to meet the diverse needs of all segments of Bangladeshi society.

Dhaka Bank celebrated its 29th founding anniversary recently with the slogan “Maintaining Steady Growth with Excellence”..Abdul Hai Sarker, chairman of the bank, and Mirza Abbas Uddin Ahmed, founder, inaugurated the celebrations at the bank’s head office in Dhaka, according to a press release.

BRAC Bank recently signed a partnership agreement with Manu Farms, the proprietor of the integrated Poultry Management Mobile Application “Poultry Manager”, to provide agricultural financing to poultry farmers through SME digital microloans.